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February 6, 2023
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Finance

Revenues reach

Fulcrum, the Sheffield-based utility infrastructure and services provider, has reported revenue development of 18.8% to the year 31 March 2018, reaching 44.8 million.

Moreover, EBITDA stood at 8.7 million, an upturn of 19.2% to the previous year, while pre-tax profit rose to 7 million from 6.5 million.

In its annual results, the firm reported a 39% improvement in its order book to 42.8 million.

According on the firm, growth was achieved organically and was supported by its buying Dunamis and CDS Pipe Services during the year.

The acquisitions enabled the firm to sure-up its in-house capabilities and expanded its workforce by 38%. The firm now exploys 281 round the UK.

CEO Martin Harrison said: “This is a huge transformative year for Fulcrum during which we continued to supply against our strategy and strengthen our market position.

“We have driven strong organic boost our core business and now have expanded our in-house capabilities and share with the electrical and specialist gas connections markets adopting the acquisitions of Dunamis and CDS.”

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