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POLLARD BOUYED BY POSITIVE RESULTS
South West regional contractor, Pollard, with offices in Bridgwater and Plymouth, have posted their results for the year ended March 2017, with turnover at record levels.
Revenues for the year saw an increase of 9%, up by £2m to £24.4m, with a 150% growth in profit after tax of £432k up from £174k
Bill Badham, Managing Director of Pollard, commenting on the figures said
“In what remains a very competitive market place these are extremely positive figures and reward for all the hard work of our staff. All key financial indicators of turnover, profit and cash have increased significantly year on year. This current year we are on track to see further growth in line with our business plan and with secured work have the foundations in place for continued progress in 2018.”
“The success of our operations in Devon, where we will shortly complete the latest phase of the multi-million pound Mount Wise development, has been reflected in the need to relocate our Plymouth office to larger premises just two years after opening in the City. The move to Queen Anne’s Place will take place by the end of the year”
During the year the company has undertaken a broad range of projects including a 59 apartment development at Mount Wise in Plymouth, a new car showroom for Evans Halshaw in Exeter, two retail units at Street Business Park, a new production and manufacturing facility for Neal’s Yard Remedies in Gillingham, new build and refurbished apartments in Bristol for Places for People and a mixed use residential and retail development for Galliard Homes in Bristol.