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10/02/2017
McLaren Reports 'Strong' Growth In Financial Results
McLaren Construction has reported 'strong' financial growth in its results for the year ending 31 July 2016.
With turnover rising to £481 million from £378m, as well as recording a profit of £4.1m, the company anticipates turnover for this year to be over £600m.
At the same time as unveiling its results, McLaren has announced a number of appointments to its management team.
David Murphy has been promoted to Managing Director – Distribution and Mixed Use and will also look after the Midlands & North Divisions. David Gavin has been appointed to Regional Director and will support Mr Murphy.
The new Main Board of the Group will comprise of David Murphy, Dave Smith, Maurice Archer (Group Commercial Director) and Craig Young (Group Finance Director), led by Chairman Kevin Taylor and supported by Phil Pringle, who will now takes the position of Group Executive Director.
Kevin Taylor, Chairman, said: "McLaren will benefit considerably from an appointment of Dave Smith's calibre. We are looking to enhance our business moving forward, as we are now on the cusp of being a Top 10 UK contractor. To take us to the next level, we need to further enhance our excellent team, and Dave will add that."
Phil Pringle added: "We are delighted with our performance over the last 18 months, which gives us the platform to make this key appointment, in addition to the promotion of David Murphy and David Gavin."
(LM)
With turnover rising to £481 million from £378m, as well as recording a profit of £4.1m, the company anticipates turnover for this year to be over £600m.
At the same time as unveiling its results, McLaren has announced a number of appointments to its management team.
David Murphy has been promoted to Managing Director – Distribution and Mixed Use and will also look after the Midlands & North Divisions. David Gavin has been appointed to Regional Director and will support Mr Murphy.
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The new Main Board of the Group will comprise of David Murphy, Dave Smith, Maurice Archer (Group Commercial Director) and Craig Young (Group Finance Director), led by Chairman Kevin Taylor and supported by Phil Pringle, who will now takes the position of Group Executive Director.
Kevin Taylor, Chairman, said: "McLaren will benefit considerably from an appointment of Dave Smith's calibre. We are looking to enhance our business moving forward, as we are now on the cusp of being a Top 10 UK contractor. To take us to the next level, we need to further enhance our excellent team, and Dave will add that."
Phil Pringle added: "We are delighted with our performance over the last 18 months, which gives us the platform to make this key appointment, in addition to the promotion of David Murphy and David Gavin."
(LM)
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