Clugston Construction has announced it has increased turnover to £74 million, a year-on-year increase of 34 per cent.
The contractor boosted turnover from £54m in 2011 and showed a pre-tax profit for its 2011/12 results of £2.5m, up from a loss of almost £4m last year.
The company is part of the privately-owned Clugston Group, which also has interests in logistics and property, and has set its focus on winning Energy from Waste contracts recently, as well as securing its first academy, worth £7.7m, for Cleethorpes Academy.
Clugston has won three EfW projects recently including Lincolnshire, Staffordshire and Oxfordshire in conjunction with joint venture partner Constructions Industrielles de la Méditerranée with whom Clugston are also at preferred bidder stage on a further three large EfW schemes.
Clugston Construction managing director Steve Radcliffe: “We are extremely pleased with these results, which we are aware run counter to the general construction market place as it still remains depressed.
“The results have been achieved thanks to a lot of hard work by our entire team and sticking to our strategy of developing a responsive value for money service from our regional offices, whilst developing our expertise in the growing waste reduction and renewables sector.”