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Omega on track for record results

An Omega Red Group product story
Edited by the Buildingtalk editorial team Oct 26, 2007

Earthing and Lightning Protection specialist, Omega Red Group, has announced a record half-year turnover of GBP6.1m, up 20% on the same period last year.

Orders for future work are also at their highest ever levels, GBP7.3m for the half year up 18% on last year.

Strong sales across all areas of the business, which targets the rail, power, construction and water sectors amongst others, has driven the performance in the April to September period and, with an excellent sales pipeline, the Nottingham-based company is forecasting its best ever year.

Last year's turnover of almost GBP12m was already a record but Managing Director Mike Henshaw expects the company easily exceed GBP13m this year.

"We're controlling costs well despite a significant investment over the past few years in people, training and the latest IT systems and that's really paying off now".

"We can offer a level of service that puts us well ahead of our competitors while remaining highly price competitive whatever the size of the job".

"Our professionalism is widely recognised and that's helped us to become the UK market leader," he says.

Since the company was set up growth has been both organic and through acquisition.

Omega acquired its largest competitor, Furse Specialist Contracting, in 1995 to become UK market leader, more than 3-times the size of its nearest rival.

The company now employs more than 220 people across the UK at its branches in Edinburgh, Manchester, Bristol, London and including its Nottingham head office in Bulwell.

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