Gratte Bros rides out cost rises with profit increase

Family-owned building services specialist Gratte Brother has ridden out industry cost pressures to deliver a small rise in profit.
Over the year to March 2024, pre-tax profit edged up to £2.7m from £2.5m previously on turnover slightly ahead at £226m.
Despite the improvement in trading, the data centre and commercial M&E fit-out contractor warned that cost pressures remained an issue, with staff costs continuing to jump.While headline inflation rate has reduced during the y