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Manchester Evening News
Manchester Evening News
Business
Shelina Begum

Global revenues reach £2.2bn for construction services company

International construction services company ISG has reported its best-ever financial performance just three years after the business was taken into private ownership.

ISG, which has sites in MediaCityUK and Chorley, revealed global pre-tax profits of £38.5m on revenues of £2.2bn and a £1.4bn forward order book.

This is the third consecutive year of record growth and profitability for the company, which now employs around 3,000 people and operates in 24 countries across the globe.

Sustainable growth has been achieved across ISG’s fit out, construction, engineering services and retail operations, with the company’s international businesses also generating record growth and profitability.

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Paul Cossell, CEO of ISG, said: “Instead of waiting for new incumbents to disrupt our industry, ISG has used its 30 years’ experience as a market leader to tackle the productivity and cyclical financial issues that have plagued our industry for too long.

“Traditional operating practices and central command structures do not work in our dynamic society or for agile global customers, so we have embraced change, empower our people to be creative and encourage radical thinking, with technology and innovation at our core.

“What’s clear is that ripping up the old rule book and learning from our tech-led customers has proved transformational for our business.

“Our people are already generating the ideas and innovation that are proving instrumental in moving our industry forward.

“From the launch of a new Level three qualification, which is already changing the conversation about careers in the built environment, to developing a standard component design for classrooms, or our very first filed patent for in-house developed technology, it is the quality of our people and the supportive structure around them that sets our business apart.”

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