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Insider UK

National

Peter A Walker

Bancon Group reports turnover up by a quarter

Aberdeenshire Aberdeen

Bancon Group has reported a 24% increase in turnover, on comparable pre-pandemic years, and 55% on the previous Covid-impacted year.

The Aberdeenshire-based housebuilding and construction group's results for the year ending 31 March revealed turnover of £114m, up £40m on 2021, with operating profits increasing from £1.4m to £4.9m year-on-year.

Pre-tax profits rose from £200,000 to £2.7m, due to strong performances in the homes and timberframe businesses.

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