Shaylor Group confident of 2014 growth

WEST Midlands contractor Shaylor Group has reported a positive start to 2014 with a significant number of new contract and framework wins.

All areas of the company have successfully secured new business spanning both the public and private sectors.

Continuing their growing presence in the student accommodation sector, a new £5m contract with Mansion Group has been secured to refurbish and create additional capacity to Danesgate House student accommodation in Lincoln.

This new contract further strengthens Aldridge-based Shaylor’s relationship with Mansion Group, making it the eighth project awarded to the firm since 2011.

In the same sector, new contracts have recently been awarded in Aberdeen and Leeds for another leading student accommodation provider. Other important new wins include projects covering the heritage, justice, leisure and automotive sectors.

Shaylor Group is also continuing its success in the framework arena with two new significant appointments since the New Year. In the public sector Shaylor has been appointed to Cambridgeshire County Council’s minor works framework which covers minor maintenance, refurbishment and alteration projects, for a period of four years.

Stephen Shaylor, CEO of Shaylor Group, said: “Naturally we are delighted to have had such a buoyant start to 2014. Our selective approach to new business has placed us on a new and much improved trajectory.

“As we approach the half-way point of the financial year, we already have around 90% of our target order book secured and will achieve revenue growth of 50% this year.

“We are confident that our independent status and discerningly different approach will provide us with a platform to move from strength to strength, continuing with our strategy of planned and managed growth.”