Van Elle reveals record results

Van Elle, the AIM-listed geotechnical engineering contractor has posted record results for the year-ended 30 April.

Group revenue increased by 11.8% to £94.1m, while underlying operating profit at the Pinxton firm increased by 4.6% to £11.6m,

Jon Fenton, chief executive, said: “We are delighted to announce these results reflecting record turnover and underlying operating profit in our maiden year as a quoted company. This year will stand out as transformational in the development of Van Elle with the admission to AIM giving the company an elevated platform from which to drive the business forward.

“Looking ahead, we continue to actively monitor conditions in our core markets and, whilst mindful of the risks posed by any sustained period of political or economic uncertainty, we are cautiously optimistic for further progress in the year ahead.”

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