Eric Wright Group to establish new Manchester office following profit hike
Eric Wright Group has achieved year-on-year growth of 41% after seeing its pre-tax profits increase to £9.6m, and now plans to launch a new base in Manchester to expand its footprint in the North.
The Preston-headquartered provider of construction, civil engineering and facilities management services attributed the double-digit growth to its success in securing a number of large scale contracts across the retail, leisure, utilities and education sectors during the 2014 calendar year.
Eric Wright Group’s MD, Jeremy Hartley, said: “The figures are testament to another strong year for the group as a whole with all key operating divisions showing positive signs that the recovery in the economy is sustainable.
“Relationships are the core of any successful business and by having a presence nearer to our projects, key clients and partner organisations, we become far better placed to continue to deliver the high quality service that we pride ourselves on.”
Elsewhere, Eric Wright Group is delivering phase two of the Stockport Exchange gateway development.
Speaking further, Jeremy said: “The North of England is definitely seeing a strong upturn in both development and construction activity, supported hugely by the likes of the Northern Powerhouse, Enterprise Zones and Preston, South Ribble and Lancashire City Deal.
“It’s therefore an ideal time to invest in expanding our presence in the heart of the region in support of our future growth plans.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy