Engineering specialist reports ‘strong’ set of financial results

Derek Smith

EDWIN James Group has reported ‘strong’ trading as the engineering and technical services business said growth has been experienced across all core market sectors.

The annual results saw turnover rise 15% to £153 million with an increase in earnings (EBITDA) of 28% from the previous year.

Derek Smith, CEO of Edwin James Group, said, “We are harnessing the expertise of our people and the benefits of our technology solutions to provide our customers with unparalleled service to help them manage assets through the full lifecycle. It’s an approach that is driving revenue growth across the business. We continue to be open to acquisitions that can add value to our customer offering by enhancing our capabilities in key sectors. This year’s results are a robust platform for continued growth.”

The group employs 1,100 people with its head offices in both Glasgow and Burton-on-Trent.

Mr Smith added, “While the last seven months have proved a challenging environment for all businesses to operate in we have continued to trade robustly and we are well placed to return to growth in 2021. The synergies between our businesses continue to enhance value for clients, which is supporting organic revenue growth.”