BUILDING Services Specialist Briggs and Forrester Group is anticipating significant growth during 2018 which will see the group’s revenues jump 24 per cent to £225m while expanding its specialist operations across the UK.
“The Group has celebrated another successful year with a pre-tax profit of £5.7m on revenues of £182m generating a strong year-end balance sheet position and a cash balance of £32.5m. The Group was fortunate not to suffer significantly from Carillion’s demise and moves forward positively without any material financial impact to the business,” said Group CEO, Paul Burton.
“Our management team’s sights are firmly focused on delivering excellence at every level for our clients with a strong secured forward order book.”
Some notable project wins include high-quality residential developments in London, such as the prestigious One Blackfriars Tower and Newfoundland Tower in Canary Wharf, educational facilities which include the St. Mary Magdalene school in Greenwich and new build Cryfields Student Accommodation at the University of Warwick, and further opportunities secured with Dyson in Malmesbury on the D5, D7 and D8 facilities.
Paul Burton said: “Despite the significant increase in revenues being forecast, the Group has planned for growth and invested in the necessary infrastructure and staff to service our valued client’s ongoing forward requirements.
“We have invested in our most important asset, our people, refurbishing areas of head office in Northampton and our Cambridge office. The group also relocated to larger, modernised premises in Bristol and has opened a new office in Cardiff. We now offer the delivery of our residential specialism across the UK including Birmingham and the Northern Powerhouse of Manchester and Liverpool through Briggs and Forrester Living.”
For further information about Briggs & Forrester and its business and services, please visit our website at www.briggsandforrester.co.uk
