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Shaylor turnover tops £100m

23 Mar 17 Shaylor Group has filed its accounts for 2016 and they show turnover breaking past £100m for the first time.

Chief executive Stephen Shaylor
Chief executive Stephen Shaylor

The Midlands construction contractor generated turnover of 拢101m for the year ending 30th September 2016, up 25% from 拢81m the previous year.

Pre-tax profit was up 47% from 拢3.2m in 2015 to 拢4.7m for 2016.

The company鈥檚 strategy is to focus on repeat business and framework activities. It is currently mandated to close to 30 framework agreements nationwide with clients including the Ministry of Justice, the Royal Parks Agency, Central England Co-operative and HMRC Estates.

Chief financial officer Paul Hooper-Keeley said: 鈥淲e are incredibly proud to have continued strongly on our upward trajectory with significant top and bottom line growth. This reflects our clients鈥 confidence in our operating standards and we anticipate another record breaking year ahead, with our current order book reflecting over 拢210m that will contribute in excess of 拢150m revenues for the period.鈥

Chief executive Stephen Shaylor added: 鈥淥ur strategy of planned and managed growth whilst building a resilient business geared around strength and probity continues to yield results. We have aligned our business practices and resources to deliver an outstanding quality product and I am confident of further building on our success in the year ahead.鈥

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