Steelwork contractor announces strong results as orders surge

Yorkshire-based structural steelwork contractor Billington Structures, has reported strong results for the first half of 2017, its 70th anniversary year.

With sites in Barnsley and Yate near Bristol, Billington Structures has the capacity to process more than 25,000t of steel a year.

Revenue at the business increased to £34.29M in the six months to 30 June 2017, up 26.8 per cent from £27.05M in the same period last year.

Profit before tax also increased over the period, growing by 28.7 per cent from £1.74M to £2.24M.

The company shifted its focus to a smaller number of more significant projects and carried out work for IKEA in Sheffield; Project Beagle in Birmingham; and 3 Wellington Place in Leeds (pictured).

Billington Structures expects to have an equally busy second half of the year with various projects in the pipeline, including a large distribution centre for a national retailer, where a proportion of the work will carry through to 2018.

Chief Executive Mark Smith said: “It is a pleasure to report a strong set of interim results, which have further improved from the 2016 results.

“This highlights the progressive performance across the group delivering a diverse range of significant, high-quality contracts.

He added: “The company’s growth strategy remains on track with progress continuing to be made at Shafton.

“The group is beginning to realise the benefits of the increased in-house capacity.

“2017 is shaping up to be a very productive year, supported by the hard work of all divisions across the group, and Billington expects an equally optimistic second half of the year.”