Business
Trading Update, Notice of Results & Investor Pres
Van Elle Holdings plc reported a resilient first half with revenue for continuing operations reaching approximately £73m, a 12% increase from £65m in the prior year, driven by improved volumes in General Piling and Strata Geotechnics. The company has strengthened its position in the Energy and Water sectors, securing work on significant projects. Despite challenges from Building Safety Act approval delays, Van Elle is confident in delivering full-year results in line with market expectations, which forecast £3.0m in underlying profit before tax for continuing operations. The company will announce its half-year results on January 26, 2026. Disclaimer*
About this update from Van Elle Holdings Plc
[{"type":"text","content":"\n\n16 December 2025\n \nVan Elle Holdings plc\n('Van Elle', the 'Company' or the 'Group')\n \nFirst Half Trading Update\nNotice of Results\nAnalyst Briefing & Investor Presentation\n \nVan Elle Holdings plc (AIM: VANL), the UK's largest ground engineering contractor, today provides a trading update for the six months ended 31 October 2025 (the 'Period').\n \nTrading update\nThe Group's results for continuing operations in the Period are in line with the Board's expectations. This reflects a resilient operational performance despite the challenging market conditions, and in particular, the continued delays to Building Safety Act approvals for high-rise residential buildings.\n \nThe Group expects to report revenue for continuing operations in the Period of approximately £73m (HY2025: £65m), representing an increase of 12% on the prior year, primarily driven through improving volumes within General Piling and Strata Geotechnics.\n \nThe Group has strengthened its position in the UK's Energy and Water sectors, where the medium-term opportunity is significant. In Energy, the Group is progressing ground investigation and design workstreams on the major Beauly to Loch Buidhe transmission scheme for Wood Group, and work has commenced on its first transmission projects for M-Group. In Water, Strata Geotechnics has secured a place on United Utilities' AMP8 ground investigation framework, and several waste water treatment schemes are underway with Galliford Try, Kier and Costain.\n \nThe steadily improving activity levels across the Group are encouraging, and the Board welcomes the announcement by the Building Safety Regulator on 12 December 2025 confirming that staged applications for all new higher risk buildings will shortly be accepted, which should accelerate Building Safety Act approvals during 2026. The Board is confident in delivering results for the full year in line with market expectations1.\n \nNotice of results\nThe Company expects to announce its half-year results for the six months ended 31 October 2025 on Monday, 26 January 2026.\n \nAnalyst Briefing: 10.00am, Monday 26 January 2026\nA briefing for Analysts will be held at 10.00am on the morning of the results. Analysts interested in attending should contact Walbrook PR on [email protected] or 020 7933 8780.\...