For the year ended 30th November 2015, McGee Group made a pre-tax profit of 拢4.7m on turnover of slightly over 拢100m.
Finance director Paul Hickey said: 鈥�2015 has been a transformational year for the business with turnover breaching the 拢100 million mark and delivering a robust pre-tax profit performance. The group generated 拢11.1m cash from operating activities which allowed us to deleverage our balance sheet, repaying all external debt. The group had no bank overdraft at 30th November 2015 with cash in hand increasing to 拢4.4m at the year end."
He added: "Based on the outturn to date in 2016, the group is on track to deliver an even better financial performance in 2016.鈥�
Managing director Brian McGee, pictured below, said: 鈥淲e have every reason to be optimistic about the future. We expect another year of growth and our pipeline of secured work for the next 18 months is at record levels.鈥�
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