- Advertisement -
- Advertisement -
Home Business Electrical engineering specialist reports rise in turnover and profit

Electrical engineering specialist reports rise in turnover and profit

Quartzelec image

ELECTRICAL engineering services provider Quartzelec has reported a 6% rise in turnover to £93.8 million and a 12% jump in pre-tax profit to £10.2 million for the year ended 30 September 2025.

Order intake increased 12% to a record £99.4 million.

“This is another strong performance from Quartzelec, reflecting the resilience of our operating model and demand across our core markets,” said MD Stephen Morrison. “Our focus on service quality, operational delivery and long-term customer relationships underpins sustained growth.”

The company attributed improved profitability to a combination of increased activity, more effective framework rates, enhanced procurement, and tighter project control. This was achieved despite cost pressures, including inflation and rising employer costs.

Finance director Ken Wanless added, “The business has delivered another year of profitable growth, with improved margins translating into strong cash generation and a strengthened financial position. With a robust balance sheet and a growing order book, we are well placed to invest in the business while maintaining financial resilience in an uncertain economic environment.”

The company also invested in its future capability, increasing headcount by 6% through targeted recruitment, apprenticeships and ongoing development.

Internationally, Quartzelec has expanded its footprint, including the establishment of a subsidiary in Spain to support EU operations, continued development of its presence in the Philippines, and investment in enhanced workshop facilities in Abu Dhabi. A new joint venture in Oman has also been established.

Stephen Morrison concluded, “We enter the new financial year with strong momentum, supported by a growing order pipeline and clear strategic focus. Investment in our people, capabilities and international presence ensures we are well placed to deliver further growth, while remaining mindful of wider global uncertainties.”