GRAHAM has announced the appointment of a new chief executive officer and reported a year of ‘strong’ financial and operation performance – delivering significant growth in revenue, profitability, and cash generation.
For the year ended 31 March 2026, group revenue increased to £1.23 billion – up 16% from £1.06 billion in the previous year with profit before tax increasing by 42% to £35.8 million.
The group also strengthened its cash position, ending the year with £260.7 million of cash and cash equivalents and increasing net assets to £113.7 million.
GRAHAM said the results reflect strong performances across the group’s building, civil engineering, interior fit-out, facilities management, and investment businesses, underpinned by ‘disciplined project selection, operational excellence, and continued investment in long-term client relationships’.
During the year, GRAHAM continued to secure landmark projects and strategic framework appointments across education, healthcare, infrastructure, residential development, and facilities management.
The business also expanded its presence in the Republic of Ireland through the award of the BusConnects Core Bus Corridor Scheme in Dublin, establishing a permanent GRAHAM presence in the capital to support future growth opportunities.
Jonathan Hall, chief operating officer, said, “These results demonstrate the strength and resilience of our business and the breadth of opportunities available across our chosen markets. The quality of projects and frameworks secured during the year provides excellent visibility and gives us confidence in the future.”
As part of a planned succession process, Andrew Bill will retire as CEO on 31 August following a career with the business spanning more than four decades.
He will be succeeded by Courtney McCormick, who joined GRAHAM 18 years ago and has served as group chief financial officer for the last 12 years.
Michael Graham, GRAHAM chairman, said, “Andrew has made an exceptional contribution to GRAHAM and leaves the business in a position of considerable strength. On behalf of the board, I would like to thank him for his dedication, leadership and commitment over many years.
“We are delighted to appoint Courtney as chief executive officer. He has been instrumental in shaping the business we are today and brings extensive leadership, commercial and strategic experience to the role.”
Courtney McCormick, chief financial officer, added, “These results reflect the outstanding commitment of our people and the trust our clients place in us every day. We have built strong momentum across all our business units, secured an excellent portfolio of future opportunities and maintained the financial strength needed to support sustainable growth.
“GRAHAM enters the next chapter of its journey from a position of real strength and I look forward to working with colleagues across the Group to build on this success for our clients, people and communities.”
