Explosive growth from Electric Vehicle charging
This provider of infrastructure services has had a challenging time over the pandemic but its newest division is growing very fast indeed, highlighting the considerable potential. The shares look bargain basement on many levels as you can discover here
Nexus Infrastructure (LON:NEXS), a leading provider of essential infrastructure services, utilities connections and smart energy infrastructure, confirmed that trading for the six months ending 31 March 2021 had been line with expectations. Revenues are anticipated to be £63.9m with the total order book of £301.6m ahead of the prior year and up 6.9% since 30 September 2020. Its TriConnex utilities business continues to perform well with the order book for this business up 4.6% to £190.9m and revenue up 5.8%. eSmart Networks, their newest smart energy business, saw revenue increase by more than 150% year on year with the order…