Record order book fires Phoenix ME towards £400m turnover

London M&E specialist Phoenix ME has set its sights on £400m turnover this year after posting sharply higher profits and securing its biggest-ever forward order book.
Revenue for the year to 30 September 2025 climbed 8% to £319m, while pre-tax profit surged 55% to £17m as improved project margins and tighter cost control boosted performance.
This saw operating group margin hit 5% up from 3.5% in the prior year, while revenue expansion saw headcount rise by 12% to 469 during