Revenue increases to 拢250m with a workload of 拢550m
Midlands contractor Thomas Vale has increased turnover to over 拢250m for the year to 31 March, and announced 鈥渞ecord profits鈥�.
The firm said it had 鈥渋ts most successful year of trading in its 142 years existence鈥� although did not give a specific figure.
In addition, the contractor said it had no borrowings, 拢21m cash in hand and a future workload of 拢550m.
Mike Wallis, chairman, said: 鈥淲e continue to focus on cash management, pushing for efficiencies in our business and the supply chains to ensure our competitive edge is maintained and that our clients continue to get added value for money and cashable and non-cashable benefits are brought to the wider communities in which we work.
鈥淲ith our solid financial foundations and the high quality of our employees, I am confident that the Thomas Vale Group will continue to deliver an exceptional service for our clients,鈥� he said.
No comments yet