The yearly record of NG Bailey Workforce Restricted unearths report gross sales ultimate 12 months, at the side of advanced profitability, order guide enlargement and powerful money era.
For the 12 months to twenty-eight February 2025 turnover was once up 10% to £662m (2024: £600m), underlying working benefit was once up 44% at £15.0m (2024: £11.2m) and pre-tax benefit was once up 65% at £17.7m (2024: £10.7m).
Money and investments at year-end reached £92m (2024: £70m) and the industry has no debt.
NG Bailey stays family-owned and describes itself as the United Kingdom’s biggest impartial engineering and infrastructure services and products supplier.
Within the industry evaluation segment of the yearly record, the board set out the demanding situations and the tactic: “UK building and infrastructure markets proceed to stand demanding situations from structural labour shortages, provide chain instability and a slow UK economic system, exacerbated by way of geopolitical tensions. The overall have an effect on of the hot build up in nationwide insurance coverage contributions could also be but to be felt.
“On this context, we stay extremely selective with the contracts we adopt, keeping up a balanced portfolio of actions. Our prime quality order guide has grown additional to £1.6bn (2024: £1.4bn) while turning into decrease chance. We’ve an expanding share of labor without delay with finish purchasers along paintings via our most popular primary contractors, and a wholesome mixture of mission paintings and predictable, ordinary source of revenue contracts. A powerful pipeline of labor in markets with top obstacles to access and which might be resilient throughout financial downturns, equivalent to defence, healthcare and rails, is helping unfold chance and provides the crowd extra balance total.”
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