HG Construction profit jumps 50% to £25m

Hertfordshire-based HG Construction delivered a third year of strong growth to achieve record revenue last year.
The 21% jump in revenue to £243m stoked up pretax profit, which soared nearly 50% to £25m, even against the backdrop of disruption and added costs caused by the pandemic.
Group chief executive Christopher Benham said the business would expand further this year on the back of a strong balance sheet and a record level of secured turnover.
The business, which was formed 23 ye