Civil engineering firm Britcon has reported a 67% rise in net profits for trading in 2017.

With turnover rising 4.5% compared with 2016 to £45 million, the figure consolidates the near 30% growth in turnover seen between 2015 and 2016.

Britcon said much of its success is attributed to growth in the energy and renewables sectors, support by industrial and commercial construction as well as infrastructure through Rail, Roads, Ports and Airports works.

Key projects in 2017 included delivering a £32m anaerobic digestion plant in Dagenham London for ReFood and a £2m Marine Control centre in Grimsby for ABP.

Elsewhere, the company built a new £4.2m modern office Building for North Lincolnshire Council and Ongo Homes, with work now underway on a further £5m extension and refurbishment to existing Council offices.


Paul Clarkson, Managing Director at Britcon, said: "We are pleased to report that Britcon continues to maintain steady growth in turnover despite the uncertain economic climate. Into 2018 we continue to see increasing profitability in the business as we consolidate and invest further with deliberate focus on key growth areas including renewables, energy, and Infrastructure whilst maintaining our traditional markets.

"We have a healthy forward order book for 2018/19 and forecast an increase in turnover for 2018 at around 6% with further net profit growth. We will continue our investment programme to support business growth as Britcon consolidates and benefits from a deeper knowledge of its repeat business markets.

"We have also made considerable improvements to operational systems and staff development and training over the last 3 years including a health and safety behavioural change programme, mental health awareness and extensive digital construction training around BIM.

"Growth of the team at our regional office in Wakefield has contributed significantly to contract successes and our structural steel division, Britcon Engineering Services, maintains steady trading with notable contract wins for BASF and its long-standing relationship with Network Rail through its programme of infrastructure investment."

(LM/CM)