The Chorley-based specialist contractor increased pre-tax profit from continuing operations by almost a quarter to £4.8m in the year to 31 March 2026 as revenue rose 7% to a record £88m.

The latest results continue the recovery that began after founders Thomas Taziker, Nigel Taziker and Graham Moor bought back control of the business in late 2023.

The management buyback was followed by a strategic refocus on Taziker’s core rail, bridges and industrial engineering operations after a difficult period that had seen the business slip into loss.

Directors said the strategy is now delivering results with group operating margin restored to 4% helped by tighter tender controls, improved project performance and stronger contract delivery.

A major boost came from Network Rail’s CP7 programme, where activity gathered momentum during the second half of the year after a slow start to the control period.

The contractor also reported good progress on the TransPennine Route Upgrade framework and higher utilisation at its Blackburn-based Structural Solutions fabrication business.

Its Industrial Services division continued to outperform, delivering record revenue and profit after another year of double-digit growth.

Following investment in the business, the board is now looking to expand its specialist engineering expertise into the energy and defence sectors.

Looking ahead, directors said FY27 had started strongly, with increasing framework activity and a healthy secured workload leaving the medium and long-term outlook “particularly encouraging”.