With performance in 2020 鈥渕aterially impacted鈥� by both Covid-19 and Brexit related uncertainty, GGR鈥檚 turnover was down 7% to 拢26.5m (2019: 拢28.4m).
However, pre-tax profit was up 17% to 拢3.6m (2019: 拢3.1m). Gross profit margin improved to 53% (2019: 51%).
GGR鈥檚 core business is the sale and hire of mini cranes and glass handling equipment. It is the European dealer for Japanese manufacturer Furukawa Unic鈥檚 mini cranes. During 2020 it also took on the dealership of Faresin telehandlers, importing the Faresin 6.26 electric telehandler from Italy. Stealing a march on 海角社区app鈥檚 British-made electric telehandler, in development at the time, GGR racked up several sales to notable plant hire customers, including Flannery and M O鈥橞rien.
Got a story? Email news@theconstructionindex.co.uk
