Van Elle Holdings plc announced a further major contract win with a key customer in the energy sector. The project in the South East follows the award of a similar scheme in the Midlands announced in the trading update of 17 May 2022, which is progressing well. The new contract is valued at around £13 million, is due to start on site before Christmas and complete mid-way through FY24.

All works will be delivered by the General Piling division. The contract builds the order book and contributes towards meeting consensus expectations.