Award-winning Hampshire business Raymond Brown Group (RBG) has today (FRI) announced a record-breaking year bucking the trend of its recession-struck industry.
The Group, which comprises Raymond Brown Construction (RBC), Raymond Brown Minerals & Recycling, Raymond Brown Building and Wilkins Builders, turned over £60m in 09/10 and has revealed a £3.1m pre-tax profit – an astounding 82% increase on the previous year.
Despite both private and public spending cuts in its sectors, RBG has continued to grow and strengthen its market position through substantial investment including £4m in its new waste recycling facility at Longparish and £4.5m on new plant, equipment and vehicles.
Bought out by the senior management team in February this year, this latest news for RBG marks its third consecutive record year and follows its success at the Dorset Business Awards where the Group was named Family Company of the Year.
MD Kelvin White said: “We are absolutely delighted by the year’s results which have come at the end of a particularly busy period for us. Our diverse spread of business sectors in which we operate, together with the strength and depth of our management teams have helped us not only stave off the effects of the recession but thrive despite its pressures.
“What’s equally satisfying is that we commence the new year with good order books, numerous long term contracts and improved visibility of future opportunities.
“It’s a true testament to the whole Raymond Brown team that we have been able to achieve these results and I would like to thank our exceptional staff for another year of commitment and loyal support.”
In addition to record profits, RBG has also delivered improved Health and Safety standards having been awarded two Gold Awards by the Royal Society for the Prevention of Accidents and the Silver Award for Raymond Brown Building.
Operating from headquarters in Ringwood, the Group’s activities include civil engineering, building, aggregates extraction, recycling and development.