1 February 2018 – AGM statement
At today’s AGM, the group will confirm that trading continues as expected with the group having good visibility over a strong and improving pipeline of potential orders with bids being prepared for many large infrastructure projects in the UK. Some of these opportunities, particularly in the nuclear decommissioning and new build markets are large although the timing of them may be less predictable than smaller projects. The group remains cautiously optimistic and we continue to believe that the shares are a SPECULATIVE BUY