Van Elle hits record revenue as margins up to 3.9%

Ground engineering specialist has ridden out market headwinds to deliver record revenue up 19% to £149m and stronger margins at 3.9%.
Despite materials and labour inflationary pressures, delays to highways works and the housing market slown down, the piling specialist increased pre-tax profit in the year to April 2023 to £5.3m from £3.6m previously.
Mark Cutler, Chief Executive, said: “The actions taken over the last three years are starting to deliver sustainable results