Cardo builds £314m maintenance giant in takeover blitz
Building maintenance specialist Cardo Group has built a £314m business following a rapid acquisition spree that has transformed the scale of the group.
The Cardiff-based social housing repairs and maintenance specialist reported statutory turnover up 65% to £239m in the year to February 2026, driven by organic growth and seven acquisitions.
Reported operating profit more than doubled from £6m to £14m, lifting the operating margin from 4.3% to 5.8%.
But the present scale o
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