ENGINEERING services specialist Edwin James Group has increased turnover from £145 million to £175 million for the financial year ending February 2023.
EBITDA increased by 16% despite the ‘challenging’ economic environment.
The group said it has a ‘clear strategy’ to harness the synergies of its three brands to offer a complete range of infrastructure, process and digital engineering services. A significant increase in group order book to £800 million in February 2023 – up from £545 million in 2022 – is described as positioning the business for further growth.
CEO Christopher Kehoe said, “This is another strong year for the group. Our strategy to harness the collective expertise of our three brands is working. We’re helping our customers to realise the full potential of their asset base and driving up standards of productivity, reliability and sustainability. This, combined with our commitment to delivering exceptional service, has established us as a market leader in the UK engineering services sector.
“Despite a turbulent economic outlook, we have increased revenues, and the significant rise in our forward order book means that the group is in a robust position to continue delivering growth.”
Edwin James Group continued to invest in talent, training and technology. A new digital academy in Daresbury is the third purpose-built training facility to be opened by the group. It will support further investment in apprenticeships and upskilling existing staff.
Christopher Kehoe added, “Our people are vital to our success, and it’s important that we ensure they have the right skills, both now and into the future. We have clear routes for progression through our academy programmes. This year, we have undertaken significant professional and management training, and through our new digital academy we’re ensuring our colleagues and new recruits stay up to date on the latest industrial technologies.”
