Belfast Telegraph

Northern Ireland building firm Graham enjoys £565m turnover as business grows 11%

By John Mulgrew

One of Northern Ireland's biggest construction firms has seen sales grow to more than £560m, with pre-tax profits of £16m.

Graham, which deals in construction, asset management and project investment businesses, saw group turnover for the year 2016 to 2017 rise to £565m.

The Hillsborough-based firm has been behind major construction projects across the UK. They include a £100m school project in Scotland, a £150m deal with Barnet Council in London, as well as fit-out work for retailers such as Next and Debenhams.

Its executive chairman, Michael Graham, said: "Overall these are another strong set of results, with our group business units continuing to deliver robust performances despite the uncertainties that the current Brexit negotiations bring.

"Our core markets remain strong, given the UK Government's infrastructure spend in civil engineering and a strong pipeline of opportunity in building, interior fit-out and facilities management. Our business units provide us with a well-balanced service offering within the group and all are underpinned by a healthy forward order book."

The firm's turnover rose by more than 11% from £508m a year earlier. The company now employs around 2,000 workers.

Its interior fit-out business secured work worth more than £50m for retailers such as Primark and Debenhams.

"Key projects include the £150m partnership with Barnet Council, London, the £100m Schools for the Future programme for Dumfries and Galloway Council, the £40m Grand Central Hotel, Belfast and the recently completed £32m Chelmer Viaduct for Highways England," Mr Graham said.

"Our asset management business has continued to thrive, delivering services for universities, local authorities and the healthcare sector."

Mr Graham said: "None of this would be possible without the professional and committed contribution of our 2,000 strong workforce."

"Knowing that they are trusted and their efforts valued, creates a collaborative, supportive culture that proactively works with all clients to help meet their infrastructure needs."

Graham operates 15 offices across the UK and Ireland.

Meanwhile, two port projects by Graham have been shortlisted for a top industry award.

The Hillsborough-based company has been recognised for its work at Green Port Hull - which is a joint venture with fellow Northern Ireland firm Lagan Construction - and the nearby Immingham Renewable Fuel Terminal.

Belfast Telegraph

Popular