Renew turnover down 19% as focus shifts to engineering

摘要

Brian May, chief executive of Renew Holdings, has said its specialist engineering arm will account for half of group turnover by 2012.rnIn a shift of priorities, May (pictured) said the arm had the biggest potential for growth after its building division suffered in the recession.rnThe company said: "Our aim is to increase revenue in specialist engineering both organically and by acquisition, while maintaining operating margins in the target range of 3% to 4%."