Britcon is anticipating a turnover of £40 million for 2016 after experiencing "healthy business growth" in the first half of the year.
The civil engineering firm recorded £27m of turnover for 2015 due to "slower pipeline conversion impacted by the general election".
However, the North Lincolnshire business is now forecasting a 40% rise in turnover for this year due to improved trading conditions.
Key contracts secured in the last six months includes a £13.5m contract to deliver a new anaerobic digestion (AD) plant in Dagenham for food waste recycler ReFood (UK) Ltd, a series of new developments, extensions and refurbishment projects valued over £10m for Lidl, and contracts worth £3.5m for global chemicals business Kemira.
The company's Steelwork division has also experienced a boost, accounting for over £5.5m of the £40m total.
Britcon Managing Director, Paul Clarkson, said: "From late 2015 we saw a surge in opportunity across all key sectors, including energy and renewables, retail, industrial and commercial.
"Although some projects were delayed, a healthy forward order book has allowed us to invest in the team and resources over the last 12 months to facilitate our expected trading in 2016 and beyond."
(LM)
Construction News
16/09/2016
Britcon Forecasts Turnover To Rise To £40m


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