CCG (Scotland) has reported an annual turnover of more than £168 million, up 16.6% on 2018.
According to the firm, profit before taxation also significantly increased on the previous year to over £12.6 million – an increase of over £3 million on 2018.
Accounting for approximately 85% of Group's turnover, housebuilding remains a focus with over 1,000 homes constructed in Scotland in 2018/19. CCG attributes this growth to a partnership approach, working with local authorities and housing associations across Scotland, to create certainty and a pipeline of projects beyond 2021.
2018 also saw the company re-enter the private housing sector with the relaunch of CCG Homes and their flagship project Riverford Gardens in Glasgow's south side which has successfully achieved 70 sales to date from launch in September 2018. CCG Homes is also planning to deliver a further 81 homes in Cambuslang as part of a mixed-tenure development that will see a total of 311 homes completed by 2022.
Bernie Rooney, Financial Director of CCG (Scotland) Ltd, states that the pipeline of contracts not only creates certainty but also enables the business to fulfil its ambitions across the group divisions which includes manufacturing, planned maintenance, housing renewals and M&E services.
Bernie Rooney, Financial Director of CCG (Scotland) Ltd said: "We are very proud of these results and our growth trajectory. The increases in turnover and profit are testament to the positive business direction and strategy of the group and this steady pipeline of contracts will enable continued investment in our people in order to deliver and on the highest standards of quality and client service."
In the last year, the company also launched a double-shift pattern at its offsite manufacturing facility (CCG OSM) taking staff numbers to over 120 whilst investment has continued in their industry-recognised apprenticeship and trainee programmes with over 10% of the 700 staff holding an apprenticeship or professional/management trainee position.
Mr Rooney continued: "Our staff are the lifeblood of our business and we believe that in times of skill shortages, our investment in skills replenishment is crucial to our and the Scottish construction sector's long-term success. In many projects we aim to create opportunities within communities in which we operate so the economic impact of our long-term strategy is reaching beyond our projects, embedding skills into communities and we are immensely proud of how we have developed that over the past year."
CCG has also appointed three new directors to the company Board. David Wylie, appointed as Managing Director in January, has welcomed Stephen Ruxton (formerly Group Commercial Manager) John Baggley and Graeme Wylie (formerly Contracts Managers) who have been tasked to support the Group's commercial efforts, particularly in the area of on-site delivery, as well developing CCG's market position in non-housebuilding projects.
Mr Wylie said: "My first year as managing director has been exciting. Our company has achieved a lot during this time but we still want to move forward and the appointment of Stephen, John and Graeme, who have collectively worked for CCG for over 60 years, will help us do that. They understand our business; they understand our clients and I am in no doubt their promotions will benefit our future aspirations."
(MH/JG)
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