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Tue November 19 2024

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Strong growth for FK Group

12 Jul 16 Cheshire-based building envelope contractor FK Group saw its turnover and profits both leap by more than 50% last year.

FK worked on the expansion of Manchester City’s Etihad Stadium’s South Stand for Laing O'Rourke
FK worked on the expansion of Manchester City’s Etihad Stadium’s South Stand for Laing O'Rourke

FK Group reported turnover of 拢70.5m for the year to 31st March 2016.聽 This is a 52% increase in turnover from the previous year (2015: 拢45.8m).

Gross profits were up 46% to 拢15.1m and pre-tax profit was up 59% to 拢3.3m (2015: 拢2.08m).

Over the past year, the company has opened its sixth UK office in Newport, South Wales. It now has more than 140 staff across its offices, up from 80 two yeasr ago.

FK鈥檚 Dubai office has recently secured 拢7m of new work, including a 拢5m project at Al Maktoum International Airport.

Chief executive Francis Keenan said: 鈥淲e have continued to illustrate our capabilities in providing the complete building envelope solution. Clients鈥 confidence in our services and delivery has ensured we have been continually considered for major projects nationwide. We continue to invest significantly in new services and training.

鈥淲ith confidence back and projects moving forward, the last 12 months have seen significant growth and we were prepared accordingly, ensuring we had the skills to deliver.鈥

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