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Higgins makes record profits

Essex-based Higgins Group said they had made record profits for the thirteenth successive year.

Pre-tax profits rose to £10.5 million in the year ending July 2007, up from £10.1 million in the same period in 2006.

Turnover rose to £231 million from £206 million.

The group said it had seen good progress in both social and private housing, and that enquiries continued to hold up well.

As of July last year, the company employed 484 people, with an average wage of £49,000.