DShox from iii -interesting figures7 Sep 2010 12:11
Digging around to appreciate the size of the pie to be divid up. This what from a press news release on 27 April. I see headline numbers that CNT had revenues of £355m and an order book of £2.9bn, pre some additional contracts from Norwich City Council worth £250m over 10 years.
- Connaught is working on schemes across the region including revamping council housing in Hull and North Yorkshire, as well as a £28m contract to repair and maintain 12,000 Yorkshire homes, won last year from housing association Yorkshire Housing.
- The group said order intake was strong in the six months to the end of February, helping its order book grow to £2.9bn from £2.7bn a year earlier. Its pipeline has grown more than 30 per cent over the year to £4.9m.
- Connaught posted an 18 per cent rise in adjusted pre tax profits to £23.8m, with revenue up 17 per cent to £355m. The group also raised its dividend 20 per cent to 1.308p per share.
- Its biggest arm, social housing, grew operating profits 17 per cent. The environmental business saw profits surge 60 per cent, and its compliance arm grew profits 13 per cent.