Nexus Infrastructure

NEXS · AIM · Construction and Materials · mcap £8.3m · 94.5p 1 open situation →

Nexus provides groundworks and civil engineering services mainly to UK housebuilders through Tamdown, and since 2024 water, rail and highways work through Coleman. Its growth hopes rest on a housebuilding recovery and the AMP8 water investment programme.

Target	Promise	Said	Status
2024
2024-03	Order book to increase significantly in the coming months from £46m.	3 Oct 2023	✓ Kept
	“In the coming months, we expect the order book to significantly increase based on a number of live conversations with customers” How it developed 3 Oct 2023 Said “In the coming months, we expect the order book to significantly increase based on a number of live conversations with customers” 19 Apr 2024 ✓ Kept “The Group expects to report revenue of £26m, in line with the Board's expectations and is pleased to report a further improvement in the order book to £72m...” Result Order book reached £57.2m at 31 January 2024 and £72m by April 2024. “The Group expects to report revenue of £26m, in line with the Board's expectations and is pleased to report a further improvement in the order book to £72m from £57m at 31 January 2024 and £46m at the end of FY23.”19 Apr 2024 · Half Year Trading Update and Notice of Results
2025
30 Sep 2025	Tamdown revenue to increase in the second half of 2025.	15 May 2025	✓ Kept
	“With an increased order book to start H2 2025, Tamdown expects to see an increase to revenue during the second half of the year.” How it developed 15 May 2025 Said “With an increased order book to start H2 2025, Tamdown expects to see an increase to revenue during the second half of the year.” 26 Feb 2026 ✓ Kept “The housebuilding sector saw a modest increase in activity during H1, but this tailed off in the latter part of the year.” Result FY25 revenue was £65.9m, up 16%, against HY25 revenue of £30.6m, implying a higher second half. “The housebuilding sector saw a modest increase in activity during H1, but this tailed off in the latter part of the year.”26 Feb 2026 · Final Results “The year is progressing in line with management expectations, seasonally weighted to the second half.”26 Feb 2026 · Final Results
30 Sep 2025	Report a reduced loss before tax for FY25.	23 Oct 2025	✓ Kept
	“the Group expects to report a reduced loss before tax” How it developed 23 Oct 2025 Said “the Group expects to report a reduced loss before tax” 26 Feb 2026 ✓ Kept “Group operating loss before exceptional items reduced to £1.1m (FY24: £1.9m)” Result FY25 operating loss reduced to £1.1m from £1.9m, as reported in the final results. “Group operating loss before exceptional items reduced to £1.1m (FY24: £1.9m)”26 Feb 2026 · Final Results