In its results for the year ended 31st March 2023, Knights Brown Construction made a pre-tax profit of 拢2.0m on turnover of 拢100.1m (2022: 89m).
In the two previous covid-impacted years the company had made pre-tax losses of 拢33,000 and 拢800,000.
With an operating profit of 拢2.1m in fiscal 2023, gross operating margin was 9.2%.
Managing director Kevin Valentine said: "Our focus is on establishing a sound financial footing that will support long-term growth and create opportunities for our people to enjoy exciting and fulfilling careers.
鈥淚鈥檓 delighted we鈥檝e been able to break through the 拢100m barrier, which has been an ambition for several years. It speaks of the hard work undertaken by our teams and the ambition we all have for the success of our business.鈥�
Knights Brown鈥檚 portfolio includes work in ports, coastal engineering, energy, local government infrastructure, water utilities and industrial buildings.
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