Wednesday, 22 March 2017

Shaylor sees turnover break the £100m barrier

Shaylor Group enjoyed a record year in 2016 as turnover broke the £100m barrier for the first time.

Accounts filed at Companies House for the 12 months to 30 September 2016 show turnover hit £101m from £81m last time as pre-tax profits climbed to £4.7m from £3.2m.

A string of major projects and framework deals boosted the numbers with Shaylor confident of further rises this year.

Paul Hooper-Keeley, Shaylor Group Chief Financial Officer, said: “We are incredibly proud to have continued strongly on our upward trajectory with significant top and bottom line growth.

“This reflects our clients’ confidence in our operating standards and we anticipate another record breaking year ahead, with our current order book reflecting over £210m that will contribute in excess of £150m revenues for the period.”

Chief Executive Stephen Shaylor added: “Our strategy of planned and managed growth whilst building a resilient business geared around strength and probity continues to yield results.

“We have aligned our business practices and resources to deliver an outstanding quality product and I am confident of further building on our success in the year ahead.”



from Construction Enquirer http://www.constructionenquirer.com/2017/03/22/shaylor-sees-turnover-break-the-100m-barrier/

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