Group chief executive Mark Lawrence will tell the agm today that the business is well on track to deliver next year’s target of £500m turnover.

He reported trading in the early months of the 2022 financial year has continued to be strong and forecast revenues of £410m this year, generating operating profit of £12m.

Lawrence said: “The Group is maintaining historically high levels of orders across our core markets, with a strong pipeline of further potential opportunities across all of our target market sectors.

“The data centre market continues to be extremely buoyant and we expect the significant growth in this market to continue in the medium term.”