04-04-2024 19:12 via constructionenquirer.com

Concrete frame specialist Statom looks to build on strong results

A string of multi-phase RC Frame contract wins in London helped boost turnover at Statom Group to £143m last year.
Latest results for the contractor for the year to November 30 2023 show pre-tax profit at £8.5m from  £8.2m last time as revenue rose to £143.2m from £113m.
The balance sheet was also strengthened with year end cash balances of £15.8m from £9.1m as owners Thomas Brown and Stan Nikudinski looked to retain profits in the business.CEO Niku
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