Trading performance was resilient with revenues flat on FY2020, notwithstanding the impact of the pandemic and Brexit uncertainty, and the Group emerged in a strong position as market conditions started to recover.
We had a positive start to FY2022, with a strong first quarter trading. And assuming supply chain and labour challenges do not materially worsen, the Board anticipates delivering a profitable result in line with market expectations.
With increased tendering opportunities and greater pipeline visibility for the Rail division, the Board believes that good progress is being made in order to achieve the medium-term financial targets announced last year.
For the full results and investor presentation, visit our investor pages or read our latest annual report here.