Wates-owned SES restructure delivers record profit and revenue

Wates is finally seeing the benefits of its acquisition of SES Engineering Services eight years after it bought the then loss-making M&E contractor from Shepherd Group
Latest published results for SES (Engineering Services) show the firm delivered record results last year after a significant restructure of the business under new managing director Rob Clifford.
Despite challenging market conditions, revenue soared 73% to £299m, generating a near doubling in pre-tax profit to £5.8m