In the year ending 31st December 2023 William Hare Group recorded turnover of 拢315.5m, up from 拢248.3m in 2022.
And after two consecutive loss making years (拢853,000 down in 2022 and 拢2.2m in 2021), the business made a pre-tax profit in 2023 of 拢4.3m.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) was 拢9.8m, up from 拢3.4m in 2022 and 拢1.9m in 2021.聽
Sue Hodgkiss, chief executive, chair and owner of William Hare Group, which has been in her family for 80 years, said: 鈥淥ur latest set of results is testament to the hard work and commitment of our talented workforce. It is also down to a resurgence in international markets, as well as further growth in the UK. We are continuing to build our reputation with global clients and are increasingly recognised as one of the world鈥檚 leading engineering steel 蝉辫别肠颈补濒颈蝉迟.听
鈥淲e have taken a very prudent approach financially over the years, which means our balance sheet is a source of strength.鈥�
Director Matthew Nesbit added: 鈥淲e are delighted with this year鈥檚 results. As a business we have worked very hard to remain at the forefront of our industry during a time that has been challenging given ongoing inflationary pressures, project delays and a changing political landscape.
聽鈥淥ur order book is well diversified and in the best shape in our history, giving us much optimism for the future.鈥�
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