Social housing specialists set targets to reach £300m turnover
Fortem, a specialist in social housing and part of Willmott Dixon, has set growth targets for the next three years as part of its new ‘FOR Our Future’ strategy.
The company aims to increase its turnover from £205m to £300m by 2028, focusing on repairs and maintenance, capital works and retrofit programmes.
Fortem plans to continue its exclusive focus on social housing, adapting its approach as the sectors needs evolve.
Another main focus for Fortem is on developing its people, with plans to recruit over 100 apprentices and management trainees over the next four years.
Operating across England with 1,200 employees, Fortem works with 16 local authorities and housing associations, delivering 350,000 reactive repairs and 4,000 void upgrades each year.
In April 2024, it extended its repairs and maintenance partnership with Birmingham City Council in a deal worth £170m.
The new strategy comes as the government commits to investment in affordable housing and improving energy efficiency in homes by 2030.
Graham Dundas, chief executive officer at Willmott Dixon said: “The social housing market is responding to new legislation and regulations, as well as meeting the needs for significant stock investment. Fortem’s new strategy is
a statement of intent to be a partner to help councils and housing associations navigate these requirements, which is a key strategic goal of the wider Willmott Dixon Group. We look forward to seeing Fortem thrive.”
Chris Tredget, chief operating officer at Fortem said: “This strategy marks an evolution in our processes, efficiency and workstreams. By consolidating all our efforts into this new cohesive strategy, we will focus on becoming the
leading and most trusted partner for our social housing customers. I’m excited about the future because I believe what we do makes a genuine difference; every home really does matter.”
