Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Van Elle Holdings warns profits will drop sharply in 2026 due to project delays and tight spending, despite order book growth.

flag Van Elle Holdings PLC has issued a second profit warning for the year ending April 2026, citing ongoing delays in contract starts and tight spending across all sectors, particularly due to prolonged Building Safety Act approvals affecting high-rise residential projects. flag Despite a 14% increase in its order book to £47.3 million by July, the company expects full-year profits to fall significantly below market expectations and the prior year, with revenue growth failing to materialize. flag The firm remains optimistic about medium-term opportunities in energy and water, with a half-year trading update expected in December. flag Its shares dropped 12% to 32.50 pence on the news.

9 Articles