The contractor achieved turnover of 拢158.9m while increasing its PBT margin from 2.1% to 3.15%. Gross profit margin also increased from 9.5% to 10.9%, while average cash balances rose from 拢23.6m to 拢32m, strengthening its financial position and, the firm says, providing a solid platform for future investment and growth.
The business also says it delivered more than 拢62.8m of social value while increasing local supply chain spend by 53%, reinforcing its commitment to supporting regional economies and communities. Environmental performance continued to improve, with carbon intensity reducing from 11.76 to 9.40 tCO鈧俥 per 拢1m of turnover as the business progressed towards its Net Zero ambitions.
The results represent the second consecutive year of record profitability for Speller Metcalfe and reflect a long-term strategy focused on building a stronger, more resilient and more capable business rather than pursuing growth for growth's sake.