GMI Construction trebles turnover to £360m

A shift to complex and higher value projects has seen Leeds contractor GMI Construction Group treble turnover to £360m in the year to September 2022.
But the rapid growth came at a cost with the group running up a loss of £2.3m, after a large-scale investment of £3m in new offices and digital construction systems.
This ended 37 years of consecutive profit for the firm, which started out as an industrial shed builder.To meet swelling order books the group’s headcount was a