Chorley-based Taziker saw revenue in the year to 31 March 2022 soar more than 30% to in excess of £73m, as it expanded outside of its core railway sector market.

Driven by the strong growth, average headcount at the firm jumped by over 80 staff to 366.

Steve Corcoran, chief executive of Taziker, said the business had continued to successfully develop, expand, and diversify into new markets, as it built on its strategic objective to extend its multi-disciplinary engineering capability.

The increased volumes generated an operating profit in the year, improved by more than £2m to £3.8m a pre-tax profit of more than £5m.

Corcoran said Taziker had started the new financial year with a record secured order book in excess of £82m – more than 40% on the prior year with the tender pipeline also continuing to reflect a maintained growth opportunity.

“We are extremely pleased to announce these positive results, which were attained during a period of turmoil and disruption caused by the Covid pandemic.

“With our forward order book and future pipeline also at record levels, we maintain confidence that we will continue to see Taziker deliver sustainable revenue and earnings growth for the year ahead.”