Record turnover for Glasgow construction group
A leading Glasgow construction and manufacturing group has reported an excellent financial year with turnover exceeding £144 million – up 6.2 per cent on 2017’s figures. Profit before taxation also significantly increased on the previous year to over £9.1 million.
Cambuslang-based CCG (Scotland) Ltd specialise in creating modern, environmentally-friendly homes for the public and private sectors using ‘off-site’ methods of construction as well as being operational across a variety of industry sectors.
Over the past year CCG has secured a number of strategic partnerships with registered social landlords including the City of Edinburgh Council, West Dunbartonshire, East Ayrshire, East Renfrewshire, Angus and Perth and Kinross. The business is currently live on 1,500 homes across Scotland with a strong public sector pipeline secured until 2021.
As well as strengthening its presence in the social house building sector the business relaunched its private homes offering, CCG Homes, by bringing to market 156 luxury residences in Glasgow’s south side - Riverford Gardens. Of the first release of 35 homes in September 2018, CCG has sold over 60% with the first homeowners due to move in in February 2019.
Commenting on the company’s 2018 results, Bernie Rooney, Financial Director of CCG (Scotland) Ltd, said:
“We are delighted with these results and they demonstrate that after four decades in business CCG continues to go from strength to strength. In an ever-changing housing market our business remains at the forefront of innovation as demand for good quality and sustainably built social and private housing continues to grow.
“Whilst we have a range of specialist companies within the CCG family and are operational across a variety of sectors, between 80 and 85% of our turnover is in housing and this will continue as we seek to grow our market share in both public and private housebuilding.”
Mr. Rooney also attributes CCG’s success to its staff and the year-on-year commitment to skills replenishment and training.
“Our staff are the key to our continued success and investing in our people has always been critically important to us. We employ over 650 staff including an intake of 35 people this October in our off-site manufacturing facility as well as 70 trade apprentices and 26 professional, management and administrative trainees.
"We also focus heavily on providing opportunities for staff including access professional development throughout their careers with CCG. It has never been more important for the industry to invest in the next generation of trades and skills and in their existing workforce. We feel that our sustained commitment will continue to create a sustainable future for our company for years to come.
“The past year has been our most successful year to date. The Board of Directors thank our staff for their tireless efforts and look forward to the new opportunities that lie ahead over the next 12 months and beyond.”
For further information, visit c-c-g.co.uk.