CCG reports 16% turnover growth and appointment of new directors
CCG (Scotland) Ltd has appointed three new directors to the company board as the firm reported its third consecutive year of growth.
David Wylie, appointed as managing director in January, has welcomed former group commercial manager Stephen Ruxton as well as former contracts managers John Baggley and Graeme Wylie, who have been tasked to support the group’s commercial efforts, particularly in the area of on-site delivery, as well developing CCG’s market position in non-housebuilding projects.
The appointments come as the company unveiled that turnover for the year exceeded £168 million – an increase of 16.6% on 2018’s figures. Profit before taxation also significantly rose on the previous year to over £12.6m – an increase of over £3m on 2018.
Accounting for approximately 85% of the group’s turnover, housebuilding remains a focus with more than 1,000 homes constructed in Scotland in 2018/19. CCG attributed this growth to a partnership approach, working with local authorities and housing associations across Scotland, to create certainty and a pipeline of projects beyond 2021.
2018 also saw the company re-enter the private housing sector with the relaunch of CCG Homes and its flagship project Riverford Gardens in Glasgow’s South Side which has successfully achieved 70 sales to date from launch in September 2018.
CCG Homes is also planning to deliver a further 81 homes in Cambuslang as part of a mixed-tenure development that will see a total of 311 homes completed by 2022.
Bernie Rooney, financial director of CCG (Scotland) Ltd, said that the pipeline of contracts not only creates certainty but also enables the business to fulfil its ambitions across the group divisions which includes manufacturing, planned maintenance, housing renewals and M&E services.
Mr Rooney added: “We are very proud of these results and our growth trajectory. The increases in turnover and profit are testament to the positive business direction and strategy of the group and this steady pipeline of contracts will enable continued investment in our people in order to deliver and on the highest standards of quality and client service.”
In the last year, the company also launched a double-shift pattern at its offsite manufacturing facility CCG OSM taking staff numbers to over 120 whilst investment has continued in its apprenticeship and trainee programmes with over 10% of the 700 staff holding an apprenticeship or professional/management trainee position.
Mr Rooney said: “Our staff are the lifeblood of our business and we believe that in times of skill shortages, our investment in skills replenishment is crucial to our and the Scottish construction sector’s long-term success.
“In many projects we aim to create opportunities within communities in which we operate so the economic impact of our long-term strategy is reaching beyond our projects, embedding skills into communities and we are immensely proud of how we have developed that over the past year.”
Mr Wylie added: “My first year as managing director has been exciting. Our company has achieved a lot during this time but we still want to move forward and the appointment of Stephen, John and Graeme, who have collectively worked for CCG for over 60 years, will help us do that. They understand our business; they understand our clients and I am in no doubt their promotions will benefit our future aspirations.”