Graham Construction posts further increase to £565 million

Construction, asset management and project investment businesses, Graham, has posted another strong set of year end results for 2016-17.

Group turnover has grown to £565 million, profit before taxation of £16 million and a net profit margin of 2.8 per cent, the firm announced today.

In 2015/16 the Group passed the half billion-pound mark for the first time, turning over £508M.

Commenting on the results, executive chairman, Michael Graham said: “Overall these are another strong set of results with our group business units continuing to deliver robust performances despite the uncertainties that the current Brexit negotiations bring.

“Our core markets remain strong given the U.K. Government’s infrastructure spend in civil engineering and a strong pipeline of opportunity in building, interior fit-out and facilities management.

“Our business units provide us with a well-balanced service offering within the group and all are underpinned by a healthy forward order book.

“Key projects include the £150M partnership with Barnet Council to enhance education, community, leisure and operational assets across the Borough, the £100M Schools for the Future programme for Dumfries and Galloway Council and the recently completed £32M Chelmer Viaduct for Highways England.

“Our Asset Management business has continued to thrive, delivering services for universities, local authorities and the healthcare sector. Interior Fit-Out have extended their client base in the retail, shopping centre and office markets, adding Next, Debenhams and KPMG.

“None of this would be possible without the professional and committed contribution of our 2,000-strong workforce. Knowing that they are trusted and their efforts valued, creates a collaborative supportive culture that proactively works with all clients to help meet their infrastructure needs.”