M&E specialist Dodd doubles profit on retrofit surge

M&E specialist contractor Dodd Group has reported pre-tax profit almost doubled on the back of surging demand for property retrofit work.
The Telford headquartered firm delivered record revenue in the year to March 2024, jumping 20% to £249m. This lifted pre-tax profit from £3.5m to £6.7m.
Better trading saw operating margins improve to 2.2% from 1.5% in the prior year with interest on cash balances contributing £1.3m to the result.The family-owned contractor provides