Thursday, December 26, 2024

Van Elle reports record revenues

Van Elle, the ground engineering contractor, has reported record revenues and improved profitability in its results for the year ended 30 April 2023.

Revenue grew to £148.7m from £124.9m in the prior year, while pre-tax profits hit £5.4m, increasing from £3.6m.

The company noted that the strong trading momentum has continued into its new financial year, with all divisions operating at high activity levels.

Mark Cutler, Chief Executive, said: “I am delighted to report a strong set of results, building on last year’s excellent progress as we emerged from the pandemic.

“The breadth of the group’s expertise, strength of balance sheet and depth of resource allows us to offer the best value to our customers, with whom we are forging closer long-term partnerships.

“The actions taken over the last three years are starting to deliver sustainable results that put us firmly on-track to deliver our medium-term financial objectives.

“I want to extend my sincere thanks to our employees, suppliers and customers for their hard work and support over the last year.”

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