Low-risk business model helps Renew post record results

Infrastructure maintenance and renewal giant Renew has posted another set of record results as its low-risk business model keeps delivering steady returns.
Results for the year to September 30 2022 show pre-tax profits of £49.5m from £40.8m last time on turnover up to £849m from £791m.
Renew specialises in non-discretionary maintenance and renewals for infrastructure minimising its exposure to spending cuts as the general economy continues to wobble.Chairman David Brown s