Chief Executive Mark Davey said expansion at the business had been driven by the integration of McMullen Facades in 2012, making Lakesmere Group the only UK-based specialist façade contractor delivering projects of 40 storeys and above.
In the year ending 31 January 2015, Lakesmere recorded its highest ever income with a 23% rise in pre-tax profits to £2.44m from a 11% uplift in turnover to £96m.
Davey said the specialist, which operates from six UK offices, was now on course to build on this strong performance, with turnover expected to exceed £100m this year and £130m in 2017.
He said: “We recorded our highest ever level of income, took further actions to expand our presence overseas and continued to invest in our manufacturing and infrastructure support systems to manage growth in all areas of the business.”
“We continue to adopt a prudent approach to our work and we continue to maintain strong cash reserves to sustain the business and fund investment for growth.
“This strategy has seen positive returns across the business and expansion into new markets at home and overseas.”
Lakesmere said it was expanding its international operations with contracts secured across the Middle East and Asia.