Product category:
Construction companies
News Release from: Higgins Construction
Edited by the Buildingtalk Editorial
Team on 18 November 2003
Higgins Group PLC Record Breaking
Financial Year
Higgins Group reports record results with sales increasing by almost 50% to £166 million (2002 - £114 million) and pre-tax profits rising to £8.4 million (2002 - £5.4 million).
The Higgins Group reports record results for the financial year-end 31 July 2003, with sales increasing by almost 50% to £166 million (2002 - £114 million) and pre-tax profits rising to £8.4 million (2002 - £5.4 million) This represents 47% average annual growth in profits over the last five years for the Essex-based Group, which has three subsidiary companies operating throughout the South East
This article was originally published on Buildingtalk on 23 Sep 2003 at 8.00am (UK)
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"The combined strength of these two specialist companies maintains the Group's advantage in providing total solutions for high-density housing by integrating homes for rent, shared ownership and outright sale," said founding Joint-Chairman Derek Higgins, OBE FCIOB.
Higgins City continued its focus on Greater London's commercial refurbishment market, working with many of the major London Estate owners and property developers.
"Economic and demographic factors provide considerable opportunity to expand the Group's well-balanced and complementary portfolio of activities," said Mr Higgins.
"The quality of the Group's management will ensure that this will be achieved without compromising either customer service or product quality.".
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