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We are aiming high in 2019. Very high! MCS Group is targeting a £40m increase in turnover this year as we continue to grow our presence in the buoyant industrial and logistics sector.
We are expecting turnover to reach £150m, up from £110m in 2018 and almost double 2017’s figures. Profits remain on track to repeat 2016/17 levels of circa 5%. New jobs will be created taking the workforce up to over 75.
We are currently constructing several warehouse units at sites including Bristol, Kettering and Ipswich and have recently completed on key projects in Milton Keynes and Lutterworth. Managing Director Keir Edmonds said ‘we have had a great couple of years as we have followed our strategic business plan and gained a greater foothold in the Industrial and Warehouse sector’.
In 2019, around 70% of our work will be in that sector involving projects around the country, not just in the Midlands. Secured workload for this year is already at over £100m and we are only in January! So we are quietly confident about the year ahead.