Mulalley ‘confident’ as strong balance sheet and orders offset ‘challenging’ year
Stronger activity in the R&M market had helped to offset tougher trading conditions in public sector development and new build work.
Stronger activity in the R&M market had helped to offset tougher trading conditions in public sector development and new build work.
Mount Anvil is ‘well positioned to capitalise on new opportunities’ thanks to strong bonds with its partners and supply chain.
The Mill Hill contractor’s latest financial results amid a challenging trading environment.
GRAHAM has published a trading update for the year ended 31 March 2023 – reporting revenue of more than £1 billion.
“Our strong balance sheet provides us with flexibility, enabling organic growth as well as targeted M&A,”- James Wroath, chief executive.
The company’s balance sheet also showed growth, with net assets of £141 million (FY2024: £129 million), and cash reserves of £92 million.
Surrey-headquartered Lindner Prater maintains a robust balance sheet and remains self-financed without any external borrowing.
We take a deeper look at the main contractor’s P&L account and balance sheet.
The national contractor and developer also declared a ‘robust’ balance sheet for 2024.
The home builder performed well in FY2023, delivering a record number of new homes and a strong balance sheet.