Nexus Infrastructure Plc · LSE:NEXS
Nexus Infrastructure — H1 2025 Earnings Presentation
29 slides from Nexus Infrastructure's earnings presentation, May 2025
Slide 1: Essential Infrastructure Solutions
Essential Infrastructure Solutions Half Year Results Presentation May 2025
Slide 2: Presentation Team and Contents
Presentation Team Charles Sweeney Contents Chief Executive Officer • Introduction to Nexus Infrastructure plc • HY25 Strategy and Progress • Key Financials • Our Markets Dawn Hillman • Summary and close Chief Financial Officer • Appendix 2 Nexus Infrastructure plc | Half year results presentation Ma
Slide 3: Introduction to Nexus Infrastructure plc
Introduction to Nexus Infrastructure plc • Civil engineering in infrastructure sectors critical to the UK • Established >48yrs • Operating in the South-East • Two principal subsidiaries • Tamdown – housebuilding sector • Coleman – water, rail, highways, rivers & marine sectors 3 Nexus Infrastructure
Slide 4: Tamdown Group Limited
Tamdown Group Limited • Focussed on housebuilding sector • Strong brand which has been developed over 48 years with a loyal customer base • Civil engineering of site enabling, earthworks, roads, drainage systems, trenching and foundations • Recognised for its experience and capabilities in complex,
Slide 5: Coleman Construction & Utilities Limited
Coleman Construction & Utilities Limited • Acquired October 2024 as part of strategy to diversify into other sectors • Delivering infrastructure projects for over 20 years in water, rail, highways and rivers & marine sectors • Current operating areas – Kent / East Sussex through to Hampshire • Water
Slide 6: HY25 Strategy and Progress
HY25 Strategy and Progress Growing with our customers Expanding our market Focus on financial delivery • New contracts secured in a market • Acquisition of Coleman Construction • Group revenue £30.6m (£25.8m) with significant potential & Utilities Limited • Group gross profit margins • Tamdown order
Slide 7: Key Financials
Key Financials 7 Nexus Infrastructure plc | Half year results presentation May 2025
Slide 8: Financial Highlights – HY25
Financial Highlights – HY25 Revenue (£m) Gross Profit (£m) Operating (loss)/Profit before exceptional items (£m) £30.6m H1 25 30.6 £4.6m H1 25 4.6 -£1.1m H1 25 (1.1) +18% +31% +15% H1 24 25.8 H1 24 3.5 H1 24 (1.3) H1 23 51.0 H1 23 5.7 H1 23 0.05 • Group revenue increased by 18% • Group gross profit
Slide 9: Group Performance
Group Performance Unaudited H1 H1 £m 2025 2024 • Improved financial performance with underlying loss reduced Revenue 30.6 25.8 • Improvement continues in housing sector revenue and gross Gross Profit 4.6 3.5 profit Operating loss before exceptionals (1.1) (1.3) • Revenue and profit from Coleman for
Slide 10: Balance Sheet
Balance Sheet Unaudited H1 H1 £m 2025 2024 Property, plant & equipment 6.5 5.8 • Increase in goodwill due to acquisition of Coleman Construction Right of use assets 10.1 9.9 • Investment in plant supports gross profit position Goodwill 4.6 2.4 • Reduction in trade receivables including retentions Re
Slide 11: Our Markets
Our Markets 11 Nexus Infrastructure plc | Half year results presentation May 2025
Slide 12: Housebuilding Sector
Housebuilding Sector Fundamentals are strong • Long-term undersupply of housing • Government target 370,000pa • Significant increase in housebuilding needed Government changes to Planning • Revised NPPF – mandatory housing targets, grey belt sites, increase in 5-yr land supply • Proposals vs plannin
Slide 13: Housebuilding Sector
Housebuilding Sector Trends in the housebuilding sector • A gap has developed between housing starts and completions. A correction is needed if developers are to maintain their stock of units available for sale • Overall, housing starts and completions have trended downwards post-Covid. This must be
Slide 14: Housebuilding Sector
Housebuilding Sector 8 PLC Housebuilders – Average Sales Rates (excl bulk) • Market has shown early signs of a recovery • Improvement in demand-side is reflected in the increasing sales rates • Further phased reductions in mortgage rates are expected to enhance sales figures • However, global econom
Slide 15: Tamdown Case Study
Tamdown Case Study Client Bloor Homes Project Dunton Road, Basildon Type Residential Infrastructure & Groundworks Value c. £16m Duration 5 Years • Project awarded Oct 2024 • 269 residential units (30% affordable housing) • Extensive open spaces on 10-hectare site • 1,600 metres of infrastructure: ro
Slide 16: Tamdown Case Study
Tamdown Case Study Client Bellway Homes Project Rectory Fields, Rivenhall Type Residential Infrastructure & Groundworks Value c. £17m Duration 5 Years • Project awarded Jan 2025 • 225 residential units (30% affordable housing) • 2,000 metres of infrastructure: roads, sewers, and utilities • Sports p
Slide 17: Tamdown Case Study
Tamdown Case Study Client Dandara Project Towerlands Park Phase 3, Braintree Type Residential Infrastructure & Groundworks Value c. £11m Duration 3 Years • Project awarded April 2025 • 185 residential units (30% affordable housing) • Previous phases also by Tamdown (>300 units) • 1,200 metres of inf
Slide 18: Housebuilding Sector – Outlook Summary
Housebuilding Sector – Outlook Summary • There is a sizeable gap between the current supply of new housing and that Housebuilding Sector needed to meet the nation’s needs • The Government has set ambitious targets and is introducing changes in order Near-term steady growth to help address the proble
Slide 19: Water Sector
Water Sector • Total expenditure £104bn 2025-2030 (£61.5bn previous 5 yrs) • 4x increase in investment to improve environment, resilience and customer service • Part of 25yr strategy • AMP8 – Asset Management Plan issued by each water company for the 5yr period • Project delivery via frameworks • Cl
Slide 20: Water Sector
Water Sector Southern Water • Ofwat’s PR24 final determination for 2025-30 provides Southern Water its ‘budget’ for the period • £8.5bn total expenditure allowance - £4.2bn more than the previous period (SW is challenging this, seeking a further increase to £9.8bn) • Southern Water’s Asset Managemen
Slide 21: Coleman Case Study
Coleman Case Study Project CMDP - Lingfield, Surrey Type Wastewater Upgrade Value £3.6m Completion 2024 Project overview • Expansion and upgrade of a critical wastewater treatment plant • Extensive works including new 31m diameter concrete tank, upgrades to sewage pumps, cross-site pipework etc Chal
Slide 22: Coleman Case Study
Coleman Case Study Project CMDP - Bewl Water, East Sussex Type Reservoir Upgrade Value £1.3m Completion Ongoing Nov 2025 Project overview • Part of a £25 million upgrade project • Will allow Southern Water to reduce the level of water in the reservoir if repair works to the dam are needed • Largest
Slide 23: Coleman Case Study
Coleman Case Study Project CMDP - Tunbridge Wells, Kent Type Wastewater Treatment Upgrade Value Phase 1 £485k | Phase 2 £2.1m Completion Phase 1 Jun 2024 | Phase 2 Oct 2025 Project overview • Extensive works involving the modification, upgrade and expansion of the existing facility • Final Settlemen
Slide 24: Water Sector – Outlook Summary
Water Sector – Outlook Summary • The UK will have to invest £100bn’s into the Water Sector in the decades to Water Sector come in order to face up to the challenges presented by climate change, population growth, environmental protection, ageing infrastructure, and new Transition to AMP8 technologie
Slide 25: Summary
Summary 25 Nexus Infrastructure plc | Half year results presentation May 2025
Slide 26: Summary
Summary Positive steps in our HY25 increases in Diversified into other Gross margin improved three strategic objectives revenue and order book sectors – particularly again water Recovering Water Sector – AMP8 Robust balance sheet Well placed for future Housebuilding Sector – large increase in spend
Slide 27: Appendix
Appendix 27 Nexus Infrastructure plc | Half year results presentation May 2025
Slide 28: Board
Board Richard Kilner Charles Sweeney Dawn Hillman Independent Non- Chief Executive Chief Financial Executive Chairman Officer Officer Ffion Griffith Claire Lacey Independent Non- Independent Non- Executive Director Executive Director 28 Nexus Infrastructure plc | Half year results presentation May 2
Slide 29: www.nexus-infrastructure.com
Nexus Infrastructure plc Nexus Park, Avenue East Skyline 120, Great Notley Braintree, Essex CM77 7AL www.nexus-infrastructure.com