Parent company of Graham Construction breaks 拢500m revenue barrier

The John Graham group of companies has more than doubled profit and broken the 拢500m revenue barrier.

The group - which includes contractor Graham Construction - more than doubled pre-tax profit to 拢16.9m for the year to March 2016, up from 拢6.9m. Revenue hit 拢507.9m, up from 拢491.1m.

Graham Construction was boosted by the Northern Ireland-based firm consolidating its expansion into England from its home country and Scotland, as well as realising greater efficiencies.

In accounts filed at Companies House, John Graham also said its smaller asset management and investments businesses were also performing well.

Group finance director Courtney McCormick said: 鈥淥verall our group businesses continue to deliver robust performances in a market that shows strong signs of growth with investment a key focus area for both the public and private sector.鈥

Earlier this month Graham Construction won a 拢20m job to restore and extend Lincoln鈥檚 Inn鈥檚 Grade II* listed Great Hall and Library (pictured) in Holborn, central London.