Nautical Toilet 2018 Global Market Key Players – Groco, HeatHunter, Matromarine Products, Planus, Raritan Engineering -Analysis And Forecast To 2025
Wiseguyreports.Com Adds “Nautical Toilet – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday Continue ReadingBriggs and Forrester bullish about building services market
Building services specialist Briggs and Forrester Group is predicting significant growth this year with a predicted 24% jump in turnover to £225m.
The firm has revealed a strong set of results for 2017 and has managed to avoid a major hit from the collapse of Carillion.
Group CEO Paul Burton said: “The Group has celebrated another successful year with a pre-tax profit of £5.7m on revenues of £182m generating a strong year-end balance sheet position and a cash balance of £32.5m.
“The Group was fortunate not to suffer significantly from Carillion’s demise and moves forward positively without any material financial impact to the business.”
Briggs and Forrester has a strong secured forward order book of £296m and a healthy pipeline of projects in the final stages of negotiation totalling more than £130m.
Burton said: “This gives a record £430m potential forward order book position supporting an aspiration to deliver £250m of revenue in 2019.”
Notable wins include major residential developments in London like One Blackfriars Tower and Newfoundland Tower in Canary Wharf.
Education wins include the St. Mary Magdalene school in Greenwich and new build Cryfields Student Accommodation at the University of Warwick plus further deals secured with Dyson in Malmesbury on the D5, D7 and D8 facilities.
Burton said, “Despite the significant increase in revenues being forecast, the Group has planned for growth and invested in the necessary infrastructure and staff to service our valued client’s ongoing forward requirements.”
The firm now employs over 800 staff across 11 UK based offices and was a winner at last year’s Construction Enquirer Awards
Burton said: “During 2017 the Group won the coveted Construction Enquirer ‘Best Specialist Contractor to work for over £25m’ award.
“This is highly prized by the Group as it was voted for by our employees, supply chain and clients.
“Moving into 2018, we are very proud of our 70 year heritage and with a focused owner managed team approach we can deliver on our commitment to providing ‘Excellence at every level’, with an emphasis on the needs of our clients, staff and all-important supply chain.”
Continue ReadingConstruction Project Management Software Global Market, By Product & Data Validation, 2017 Analysis and Forecast 2021
ReportsWeb.com published “Construction Project Management Software Global Market” from its database. This report identifies the market in different segments such as industry, application and geography. Detailed competitive analysis has been included in this report. Posted via Industry Today. Follow us on Twitter @IndustryToday Continue ReadingGlobal IoT at Workplace Market Segmentation, Application, Technology by Key Players-ABB Ltd., Cisco Systems, Crestron Electronics, Honeywell International, Johnson Controls, Koninklijke Philips N.V, Lutron Electronics and Others
The Insight Partners added “World IoT at Workplace Market Report 2018-2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. Posted via Industry Today. Follow us on Twitter @IndustryToday Continue ReadingIndustrial Automation Market in India will Witness a CAGR of 11.6% During the Forecast Period 2017-2023
The study covers and analyses the Indian Industrial Automation Market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take inf1 Posted via Industry Today. Follow us on Twitter @IndustryToday Continue ReadingSouth America Active Packaging Market is Expected to Reach US$3.393 billion in 2022
Market Research Report on South America Active Packaging Market Posted via Industry Today. Follow us on Twitter @IndustryToday Continue ReadingMajor Carillion shareholder considered suing directors
An investment giant who held a 10% stake in Carillion considered suing the collapsed contractor over losses before its demise.
Kiltearn Partners told the ongoing Parliamentary enquiry into Carillion’s collapse that they had “considered participation in civil legal action against Carillion with a view to recovering a proportion of its clients’ crystalised losses.”
Kiltearn held 10% of the company’s shares in February and May 2017 ahead of the eventually-fatal £845m profit warnings and provisions in July 2017.
Klitearn told MPs that Carillion’s published information, including historic annual reports, could “no longer be considered reliable and consequently no effective assessment of its finances could be made.”
The MPs heard that other investors were “fleeing for the hills” while Carillion and its auditors were insisting things were still going well.
Rachel Reeves MP, Chair of the Business, Energy and Industrial Strategy (BEIS) Committee, said: “Investors spotted that Carillion was heading for disaster and fled.
“The company had unsustainably high levels of debt, weak cash-generation and was saddled with a widening pensions deficit.
Carillion’s annual reports were worthless as a guide to the true financial health of the company.
The fact that it was impossible to get a true sense of the assets, liabilities and cash generation of the business raises serious questions about Carillion’s corporate governance.
KPMG will have to explain why they signed-off on accounts which appeared to bear so little relation to reality.”
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