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Financial highlights 2011
We are delighted to announce strong financial results and excellent progress in meeting group objectives for the year, despite a challenging year for the construction industry and the rest of the UK economy.
We increased our turnover by 27.5% to £46.49 million and our EBITA increased to 4.5% (£2.1m). We also generated an exceptionally high level of enquiries, resulting in a year-end secured order book of £32.3m, 61% of budget forecast for 2011/12.
Group turnover up by 27.5%
EBITA of 4.5%
We introduced a number of innovations in response to new market opportunities, invested in sales, marketing and IT systems and continue to recruit the best talent. All this, combined with tremendous customer loyalty, has resulted in a record level of enquiries and the securing of a number of valuable contracts in core markets.
Financial stability and certainty continue to be key at Strategic Team Group and our commitment to our team, to customers and our unswerving mission to deliver service excellence are why we have succeeded in difficult trading times.
Group performance highlights:
- A turnover increase of 27.5% to £46.5 million
- An EBITA increase of 0.5% to £2.1m (4.5%)
- Exceptional level of enquiries, resulting in a year-end secured order book of £32.3m – 61% of our turnover budget for 2011/12
- Securing a number of valuable public sector frameworks with local authorities in England and Scotland
- A new bespoke stone masonry service in Scotland
- We raised £30k for The Prince of Wales Hospice
- We continued our support for community projects and good causes
- We created further job opportunities and increased our directly employed workforce
- We opened new regional offices in Stockport and Bristol
- We launched an energy solutions business
- We launched a new business to provide holistic development services to public sector customers using private finance
Strategic Team Group is one of the UK's fastest growing suppliers of building and property services. Since our formation in 2000, the business has developed a unique culture of teamwork and has built a reputation for delivering service excellence.
From our head office in Glasshoughton in West Yorkshire, and offices in Scotland, Cheshire, and Bristol in the South West, the group has built an enviable customer base in both public and private sectors. We deliver our services to a growing geographical area in regions throughout the UK.
The introduction of a mature investment partner has allowed the group to seek further expansion opportunities. The group is in a strong position to continue its growth plans and to satisfy its internal and external investors.
Our 2011 Annual Report:
Strategic Team Group Annual Report 2011 - (3.2 MB)
Previous years' annual reports
Strategic Team Group Annual Report 2010 - (4.9 MB)
Strategic Team Group Annual Report 2009 - (4.3 MB)
Strategic Team Group Annual Report 2008 - (3.0 MB)
Strategic Team Group Annual Report 2007 - (2.6 MB)
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