Financial

We are delighted to report on another exceptional year for STG. At a difficult time in the construction industry, our sales this year reached £34.5m (2007/8: £28.8m), an increase of 20% on 2008. Our financial results in were well ahead of expectations and exceeded our revenue budget set for the year. We increased our turnover whilst maintaining a healthy profit margin of 6.7%.

Group turnover up by 20%

Healthy profit margin of 6.7%

In 2008, Barclays Ventures funded a shareholder reconstruction of the business worth over £11m. The introduction of a mature investment partner allows the company to actively seek further expansion opportunities, including possible acquisitions, with renewed confidence and energy. The group is in a very strong position to continue its growth plans and to satisfy its internal and external investors.

Click here for the full story