Use the tabs below to find out more about how we create value

Our investment case

Enabling the energy transition by delivering sustainable infrastructure
Well defined growth strategy
Attractive and growing addressable markets
Strong balance sheet
Solid order book provides visibility of revenue
High-quality customer base and relationships
Reputation for high‑quality delivery of essential services
Government stimulus for the housebuilding market
Government stimulus for green infrastructure

Market opportunity


Market Drivers

  • Housing shortage and regeneration of urban and brownfield areas • National Housing Federation has identified the need for up to 340,000 new homes in England per year up to 2031
  • Government stimulus including Help to Buy, mortgage guarantee scheme, ‘Generation Rent to Generation Buy’
  • Social changes driven by pandemic such as household changes and desire for more internal and external space
  • Support driven by accepted importance of the housing market to the wider economy


  • Increase in mixed tenure developments with requirement for affordable housing
  • Broadened product and services demand within infrastructure and utilities capability
  • Growth in residential services due to the national housing shortage
  • High pace delivery with modular and off-site

Industrial and Commercial

Market Drivers

  • Growth in logistics and distribution centres to enable ongoing expansion of online shopping and fulfilment
  • Growing requirements for chilled food manufacturing and distribution centres
  • Increase in data centres to house cloud-based storage solutions
  • Supporting civil engineering and infrastructure requirements for large warehouse and similar structures
  • Net Zero responses by businesses to meet Government guidance


  • Utility connections required for facilities across growing range of sectors
  • Increasing requirement and public pressure for EV charging infrastructure
  • Renewable energy connections preferred and increasingly projected
  • Civil engineering capability transferable for appropriate schemes


Market Drivers

  • Government’s Road to Zero strategy setting clear path for zero emission goals and phasing out of combustion engines
  • Businesses with company vans and cars moving to electric vehicles
  • Transportation companies such as bus and coach companies transitioning to electric vehicles
  • Increasing percentage of car manufacturers in the EV market
  • Electric vehicle forecourts and hubs being built in growing number of locations


  • Transition from combustion engine to electric vehicles continues to accelerate
  • Creation of low emission transport systems
  • Increased requirement for large grid connections at depots, hubs and forecourts
  • Studies suggest that the UK will require more than 25m electric vehicle charging points by 2050

Renewables and Electrification

Market Drivers

  • Requirement for renewable energy sources and energy storage
  • Government support for decarbonisation and commitment to Net Zero by 2050
  • Increasing use of renewable energy to produce power and heat
  • Legislative agenda: Future-proofed homes required in line with the Future Homes Standard
  • Increase in smart cities and associated infrastructure


  • Electricity is expected to increase from 20% of the energy supply to more than 75% by 2050
  • Investments in renewable energy connections
  • Supporting requirements for the energy transition of power and heat
  • Enhanced electricity requirements embedded within future home designs

Nexus’ mission is to be recognised as the leading provider of sustainable infrastructure services in the UK, by delivering outstanding  performance through a focus on delivery, customer service and diversification.

Respond and Protect 
Rapid and decisive actions taken by leadership
Position the business for a successful recovery
Drive long-term value
Compelling growth opportunities

Our strategic priorities


Expand and further optimise service offering

  • Sector diversification
  • Geographic expansion
  • Services optimised for energy transition
  • Track record of identifying next opportunity
Market share gains

Benefiting from fast-growing market segments

  • Net Zero targets changing the game
  • Industrial electrification is the next big opportunity
  • EV demand growing fast
  • Every sector impacted
Continued Growth

Focus shareholder value in energy transition services

  • Focus on underappreciated targets
  • Significant arbitrage potential
  • Disciplined approach on criteria and valuation
  • Explore routes to enhance shareholder value
Scale and earnings accretion

Our business model

Resources and relationships

The resources and relationships we need to run our business:

Our people

Highly skilled, motivated and loyal workforce.

Experienced senior management team and Board.


Attractive and growing addressable markets supported in coming years by Government housing and energy transition strategies.


Attractive cash flow characteristics with a high cash balance, resulting in a strong balance sheet.

How we do it

Business development

Early customer engagement
Solution innovation
Design and estimating
Value engineering



Programme and logistics
Procurement and resources
Legal compliance
Project collaboration



Performance monitoring
Flexible delivery
Team approach
Safe working

Stakeholder value

Creating value for all our stakeholders:

Our Shareholders

Positive fundamental market growth drivers to enable a progressive dividend policy.

Our Customers

Relationships, partnerships and effective engagement with our customers to understand their individual challenges and needs.

Our People

Group purpose and values with a strong focus on staff development and learning across the Group as well as health, safety and wellbeing.

Our Communities

Financial support to local charities, staff volunteering days, supporting educational organisations and pupils, and more.


The Board uses key performance indicators to measure its progress against the Group’s strategic objectives.

  • Revenue and revenue growth track our performance against our strategic aim to grow the business
2021: 137.0
2020: 125.7
2019: 155.1
  • Tracking adjusted operating profit ensures that the focus remains on delivering profitable outcomes on our contracts
2021: 2.9
2020: -1.9
2019: 6.0
  • Tracking the after-tax earnings relative to the average number of shares in issue provides a monitor on shareholder value
2021: 6.6
2020: -5.9
2019: 11.0
  • Tracking the total dividend per share declared for each financial year provides a monitor on the return achieved for shareholders
2021: 2.0
2020: 0.0
2019: 6.6
  • Tracking the cash balance monitors the conversion of profits into cash, ensuring that cash is available for reinvestment or distribution to shareholders
2021: 29.5
2020: 32.1
2019: 27.4
  • The tracking of the order book, being the amount of secured construction work and utility asset value yet to be recorded as revenue provides visibility on expected future revenue against the strategic aim to grow the business
2021: 287.8
2020: 282.0
2019: 338.9
  • The tracking of the Group’s net assets monitors the Group’s financial strength and stability
2021: 32.1
2020: 28.8
2019: 23.3
  • Health and safety is of paramount importance as the Group’s businesses work in sectors which carry significant health and safety risks
2021: 433
2020: 162
2019: 231

* Adjusted operating profit is operating profit excluding the impact of exceptional items.