For the year ending 31st March 2024 John Graham Holdings Ltd grew revenue by 2.8% to 拢1,125m (2023: 拢1,094m).
Profit before tax was down 2% at 拢14.8m (2023: 拢15.1m).
John Graham Holdings comprises John Graham Construction (JGC), Graham Asset Management (GAM) and Graham Investment Projects (GIP).
The parent company ended the year with cash at bank and in hand of 拢151m and a pipeline of secured work in excess of 拢2bn.
Chief executive Andrew Bill said: 鈥淭he latest published accounts for the group are pleasing and underline the strong performance of each our divisions within our core market sectors. We prioritise robust governance and commercial management which are the backbone of our sustainable growth model. Significantly, the continued success of the group has been achieved despite global economic uncertainty and inflationary pressures. The market has been challenging but our consistent focus on quality delivery and commitment to securing repeat business through the development of collaborative client relationships have allowed us to grow sustainably over the past year. Looking forward, we have developed a significant pipeline of opportunity to allow us to positively approach the next 12 months, and beyond, with energy and optimism.鈥�
He attributed the continued strong financial performance to 鈥渢he scale, scope and variety鈥� of Graham鈥檚 portfolio 鈥� projects such as the 拢82m Candleriggs build-to-rent development in Glasgow, improvement works to the M25 Junction 28 in Essex worth 拢154m), the interior fit-out of BT鈥檚 new offices in Dundee and the restoration of the Grade II listed Cathays Library for Cardiff Council.
At Lord鈥檚 Cricket Ground, John Graham Construction was last month named as the preferred bidder for the 拢62m redevelopment of the Tavern and Allen Stands, while it recently secured planning consent for a regeneration project at Meadowbank in Edinburgh that will see the development of more than 700 homes for a new five-hectare neighbourhood.
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