Mark Smith, CEO of Billington, said the firm had a strong order book at improving margin levels, and a significant pipeline of opportunities providing a significantly improved outlook into 2023. 

“The recovery in activity we experienced in the first half of 2022 has continued into the second half. 

“We have been focused on implementing efficiency improvements throughout the group that are now being realised. 

“While revenue will be in line, I expect the group to achieve profits for the current year and for 2023 significantly ahead of the board’s previous expectations.”