Gain to date: 3.1% Orig­i­nal en­try point: By at 191.5p,


EN­GI­NEER­ING SER­VICES GROUP Nexus In­fra­struc­ture (NEXS:AIM) says its or­der book has pro­gressed from circa £180m in July to now sit at £202m. The bulk of the or­der book re­lates to its core brand Tam­down which builds roads, un­der­takes earth­works, cre­ates drainage sys­tems and con­structs re­in­forced con­crete frames for housebuilders.

Chief ex­ec­u­tive Mike Mor­ris says Nexus has re­cently seen a no­table in­crease in work with smaller housebuilders; the com­pany has his­tor­i­cally done most of its work for the larger play­ers in the in­dus­try.

The other part of its busi­ness in­volves util­i­ties con­nec­tion un­der the brand of TriCon­nex. Launched in 2011, it has his­tor­i­cally fo­cused on gas and elec­tric­ity be­fore adding wa­ter con­nec­tions in 2015.

Last year saw TriCon­nex add fi­bre con­nec­tions to its skillset and the busi­ness re­cently won a deal


Gen­eral to in­stall FTSE ALL SHARE all four ser­vices (gas, elec­tric­ity, wa­ter and fi­bre) to a new buildto-rent hous­ing de­vel­op­ment. 202 200 198 196 194 192 190 188 186 JUL AUG SEP OCT

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