The Scunthorpe-based group ended its latest financial year by delivering a 26% jump in turnover to £231m, while pre-tax profit rose 5% from £6m to £6.3m.
Group chief executive, Stephen Martin said:“ We have substantially increased turnover, improved pre-tax profits, generated excellent cash balances and further strengthened our balance sheet.
“I would also like to acknowledge the continued support of our customers, supply chain partners and shareholders.”
The construction division raised turnover 40% to £136.7m, driven by a focus on core sectors such as energy from waste, where it has achieved a market leading position through its joint venture with French Process specialist CNIM.
During the year the partnership secured and started work on major energy from waste facilities in Leeds and the North East, bringing to eight the number of schemes to be jointly delivered.
Clugston Construction also continues to secure contracts in the health, education, and industrial sectors. In addition, during 2013, the division opened a new regional business in the West Midlands.
The group’s logistics and property business also contributed to the growth.
