EV charging opportunities | Different retail experiences
Results and updates covered here include those of an AIM quoted business with an interesting mix of activities, some of which could benefit from the squeeze on household incomes. Elsewhere, an online electrical retailer could have more challenges ahead while opportunity beckons in the world of electric vehicle charging.
Nexus: plenty of excitement, in parts Nexus Infrastructure (AIM:NEXS), which now refers to itself as a leading enabler of energy transition by delivering sustainable infrastructure, announced in-line interim results for the six months ended 31 March 2022. You can read all our coverage on Nexus here. While Group revenue rose 26% to £80.3m, operating profit was lower at £1.1m (H1 2021: £1.5m) due to the very different trading experiences of the Group’s 3 operating divisions. TriConnex, its multi-utilities business which designs, installs and connects energy, water, fibre networks and electric vehicle charging infrastructure on new residential developments, saw revenues rise…