Leicestershire events company targets £20m turnover mark
Leicestershire-based technical event production company Hawthorn has posted 25% increase in turnover to £18m in the 12 months to June 30 2016.
The company, which is based in Old Dalby, provides lighting, sound, video and other technical equipment for a variety of live events including award ceremonies, concerts, conferences, gala dinners and festivals.
Since the acquisition of technical production house Anagram in 2013, the firm has worked on a five-year growth plan to increase its turnover from £11.3m to £20m by July 2018. Hawthorn says it is on track to achieve this in 2017 – its 30th anniversary year – one year ahead of target.
The company has also seen a 16% increase in employees, rising from 129 in June 2013 to 162 in June 2016; by 7 December 2016, the employee count had already risen to 187.
Martin Hawthorn, Managing Director of Hawthorn, said: “The past three years has been incredibly exciting for Hawthorn and last year’s performance alone was an amazing achievement. We’ve focused upon achieving sustainable growth and performed beyond our expectations.
“I’m tremendously proud of what the company has achieved to date and its success reflects our knowledgeable, passionate and dedicated team who work so hard to deliver an excellent service for our customers. I’m particularly pleased with the growth in turnover which has also seen an increase in profit which we’ve been able to share with staff through our ongoing profit-related bonus scheme.
“In the year ahead I expect to see further investment in new equipment to meet the needs of our customers and a continued focus upon staff training, development and opportunities.
“This year we celebrate Hawthorn’s 30th anniversary and we’re on track to achieve £20m turnover a year ahead of plan. What better way to mark this milestone?”
