CCG has reported an increase in both turnover and pre-tax profits in its latest financial figures.
Turnover is up to more than £168 million – a rise of 16.6% on 2018’s figures. Profit before taxation increased by more than £3 million to over £12.6 million.
CCG constructed over 1,000 homes in Scotland in 2018/19, having built up partnerships with local authorities and housing associations. The company also re-entered the private housing sector with the relaunch of CCG Homes and flagship project Riverford Gardens in Glasgow’s south side.
Financial director Bernie Rooney said, “We are very proud of these results and our growth trajectory. The increases in turnover and profit are testament to the positive business direction and strategy of the group and this steady pipeline of contracts will enable continued investment in our people and the delivery of the highest standards of quality and client service.”
In the last year, CCG has also launched a double-shift pattern at its offsite manufacturing facility, increasing staff numbers to over 120. Investment has continued in apprenticeship and trainee programmes with over 10% of the group’s 700 staff holding an apprenticeship or professional/management trainee position.
CCG has also appointed three new directors to the company Board. David Wylie, appointed as MD in January, has welcomed Stephen Ruxton (formerly group commercial manager), John Baggley and Graeme Wylie (formerly contracts managers) who have been tasked with supporting commercial efforts, particularly in the area of on-site delivery, as well developing CCG’s market position in non-housebuilding projects.
David Wylie said, “My first year as managing director has been exciting. Our company has achieved a lot during this time but we still want to move forward and the appointment of Stephen, John and Graeme, who have collectively worked for CCG for over 60 years, will help us do that. They understand our business, they understand our clients and I am in no doubt their promotions will benefit our future aspirations.”
