Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,349 companies....

Construction News

02/04/2019

ISG Celebrates Landmark Annual Turnover Of £2.2bn

Construction News Image
ISG has enjoyed a landmark financial year with a £2.2 billion turnover in 2018.

This is the first time the company has reached £2bn in its 30-year history and represents a £0.5bn increase from last year.

ISG's 2018 Annual Report also showed a £38.5 million underlying profit before tax, £77.7 million net cash position at year end and £1.4 billion forward order book.

The firm employs around 3,000 people and operates in 24 countries across the globe.

They have seen an unprecedented level of growth and demand for its services in Continental Europe – increasing turnover by over 100 percent to circa £400 million. 
-- Advertisement --
hss



Its global customer base is also continuing to invest in London property assets despite the uncertainty surrounding Brexit.

Paul Cossell, CEO of ISG, commented: "Instead of waiting for new incumbents to disrupt our industry, ISG has used its 30 years' experience as a market leader to tackle the productivity and cyclical financial issues that have plagued our industry for too long. 

"Traditional operating practices and central command structures do not work in our dynamic society or for agile global customers, so we have embraced change, empower our people to be creative and encourage radical thinking, with technology and innovation at our core.

"What's clear is that ripping up the old rule book and learning from our tech-led customers has proved transformational for our business. 

"Our people are already generating the ideas and innovation that are proving instrumental in moving our industry forward. 

"From the launch of a new Level 3 qualification, to developing a standard component design for classrooms, or our very first filed patent for in-house developed technology, it is the quality of our people and the supportive structure around them that sets our business apart." 

(CM/JG)

Latest Construction News

13/06/2025
A vital piece of Peak District railway infrastructure is set to receive a major upgrade this summer, as Network Rail announces a £7.5 million investment into one of Chapel Milton's iconic twin Victorian viaducts. The 160-year-old, 15-arch structure plays a critical role in the UK's freight network,
13/06/2025
Morgan Sindall Construction has revealed plans to expand its operations in South Yorkshire, building on its strong delivery record in West Yorkshire and aligning with the goals of the newly launched Great North initiative. Backed by northern regional mayors, the Great North initiative aims to unloc
13/06/2025
Construction has officially commenced on the new Children's Cancer Centre (CCC) at Great Ormond Street Hospital for Children (GOSH). Led by long-term design partner BDP, the new centre is one of the most ambitious projects in GOSH's history. The firm is overseeing architecture, landscape, engineeri
13/06/2025
The developer behind the Redworthy Orchard scheme in Yatton has handed over the first homes to a local housing association as part of a wider plan to provide affordable housing in the area. Persimmon Homes Severn Valley has transferred four new properties to Alliance Homes, a move set to ease press
13/06/2025
Wynne Construction has been awarded two major design and build contracts worth over £20 million by Adra to deliver nearly 100 new social homes across North Wales. Construction is already underway at the first site on Berse Road, Wrexham, where Wynne began work in March on a £9 million, 47-home soci
13/06/2025
Great Places Housing Group has officially broken ground on its landmark £37 million LGBTQ+ majority Extra Care housing scheme in Whalley Range, marking the start of construction during Pride Month. The scheme, hailed as the UK's first purpose-built Extra Care development of its kind, is being deliv
13/06/2025
Henry Boot PLC has announced that its property investment and development arm, HBD, has completed the sale of TWO45, a multi-let industrial-led business park in Skelmersdale, to a European real estate developer for £9.5 million. Located on a 10-acre site just minutes from the M58 and M6 motorways,
13/06/2025
Clowes Developments has announced the successful letting of Unit 5A, a newly completed 27,000 sq ft industrial unit at Stud Brook Business Park, to Shawpak Ltd, a pioneering manufacturer of medical device packaging machinery. Founded in Derby in 2013, Shawpak Ltd designs and produces a unique range
13/06/2025
The Hill Group and Legal & General (L&G) have announced a new partnership to deliver 200 affordable homes as part of the first phase of the £450 million City Centre South regeneration scheme in Coventry. This marks the first time the two organisations have collaborated on a major residential devel
13/06/2025
The historic South Crofty tin mining project in Pool, Cornwall, is set to receive a significant boost after being awarded £4,190,500 through the Cornwall and Isles of Scilly Good Growth Programme, marking the largest single private sector investment by the programme to date. Delivered by Cornwall C
Lakeside HireStuart CanvasEfco UK LtdAqua Direct LtdAIB Home ImprovementsPower Saving Solutions. Home of the Hussh Pod.Profix Surface SolutionsTuffShopSmart Plumbing & HeatingTrade Access Panels Ltd (Buy Access PAnels Online)