Briggs & Forrester targets M&E fast fit-out sector

Aaron Morby 6 years ago
Share

Building services specialist Briggs & Forrester Group has set up a new business stream to offer fast fit-out projects.

Known as Briggs & Forrester Smart, the new business will target commercial, pharmaceutical and retail facilities providing fast fit-out solutions.

This will include detailed design, supply, installation and commissioning.

The Northampton headquartered firm said that sales activities had commenced with “customers warming” to the provision of the additional service.

Briggs & Forrester set out its plans as it reported the business had expanded strongly over the last year with revenue rising 22% to £222m.

Pretax profit rose nearly a fifth to £4.9m in the year to October 2018, against what was described as a challenging environment.

Despite wider economic uncertainty, with strong forward orders Briggs & Forrester is forecasting good growth ahead.

The forward order book stands at £374m (2017: £296m) with a further £137m of contracts at final stages of negotiation.

Recent wins include being named among the preferred M&E firms to deliver developer Allied London’s St Johns scheme in Manchester.

As part of a steady national growth plan, the group has expanded into south Wales from its south west business.

“We expected to see further opportunities for growth during 2019, 2020 and beyond,” it said in private accounts.

As a result of growth, the M&E specialist said it expected to see further growth in staff numbers which were up 9% last year to 874 employees.

Latest news

Staff stunned as engineering consultancy Clarkebond closes

Firm was only bought three months ago by rival Independent Design House Group
2 days ago

Vistry issues third profit warning in three months

Profit expected to fall £50m below forecast due to delayed completions
2 days ago

Miller Homes buys St Modwen Homes for £215m

Scottish house builder snaps up £368m turnover rival
5 days ago

Keltbray fine increased to £18m after failed bid rigging appeal

Contractor loses penalty discount for settling with competition authorities
5 days ago

Luxury house builder goes under with 70 job losses

Octagon Developments in administration after 40 years in business
6 days ago

Top Ten best read stories of 2024

The biggest headlines of an eventful year. Have a good one and here's to a successful 2025
6 days ago

BAM Nuttall fined £800,000 after concrete skip tragedy

Young labourer killed by falling bale arm
7 days ago

Keltbray infrastructure business reveals new name

AUREOS means "new dawn" after private equity acquisition
6 days ago

Stiffer fines for over-running street works from next Summer

Cash raised from lane rentals to be channeled into pothole repairs
6 days ago

£113m Basildon rental homes scheme seals build finance

Work expected to start early next year on Market Square project
6 days ago

Notting Hill Genesis seeks more tier 1 repairs contractors

London housing trust seeks eight firms for new £1.5bn repairs framework
6 days ago

Reclaimed steel oil rig columns worked into London office revamp

Curo will use reclaimed bricks and steel for Fitzrovia office overhaul
7 days ago

CITB delays levy approval consultation

Levy agreement talks pushed back by ongoing review into effectiveness of training body
7 days ago

Ofwat approves £104bn water industry spending plan

Household water bills to rise by 36% to fund quadrupling of investment
1 week ago

Costain/ Siemens JV clinches HS2 power supply job

£300m deal for HV power supply systems over the 225km route
1 week ago

Demolition team assembles on Multiplex London Wall site

Erith to start work next month at Deutsche Bank's former headquarters
1 week ago

Norwich Council acts to revive £300m Anglia Square scheme

Council uses Homes England funding to buy stalled site with planning for 1,100 homes
1 week ago

Go-ahead for 4,500-home Cambridgeshire new town

Waterbeach new town plan stalled three years ago after an Environment Agency objection
1 week ago

Henry Boot to take total control of Stonebridge Homes

Deal worth at least £30m
1 week ago

HS2 costs could hit £66bn

Government looking for next estimate to be lower
1 week ago

Mace to close construction logistics arm

Specialist business being wound down
1 week ago

National Grid to invest £35bn over next five years

Plan set out for record investment in electricity transmission infrastructure
1 week ago

Profits double at Barhale

Civils specialist sees order book top £1bn
1 week ago

Balfour wins 68km HV underground power cable deal

Main works to start next year on Eastern Green Link 2 job
1 week ago

Stunning site wrap unveiled on Sloane Street

Hoarding creates illusion of fully formed façade on £53m Galliford Try job
1 week ago

Heathrow Airport upgrade spend takes off again

Airport operator will spend £2.3bn over the next two years
1 week ago

Government buys back over 36,000 military homes

Public ownership deal to release wave of upgrade and new build work
1 week ago

Story Contracting staff braced for rail job losses

Work coming through slower than expected from Network Rail
1 week ago

Ballymore submits two plans for 3,700 East London homes

Construction could start in 2025 on Thames Road and Knights Road schemes
1 week ago

Blackpool council steps in on failed developer’s £300m scheme

Blackpool Central site clearance to start in the New Year as hunt starts for new developer
1 week ago

Contractor services