Construction group’s turnover soars to £1.53bn

Phil Harrison, managing director, Wates Construction Midlands & North
Construction firm Wates Group, which is currently building MEPC’s Wellington Place in Leeds, has reported a 2016 turnover of £1.53bn, a 20.4% increase on 2015. The company, which employs more than 200 people in the North East and Yorkshire, ended 2016 with a forward order book of £3.6bn and reported a pre-tax profit increase of 17.1% to £35.5m from £30.3m the year before. In 2016 the group announced its intentions to expand its housing investment and sales-led development with the launch of its national development arm, Wa... For the full story register now for free or login below...