Glazing business heading for £50m turnover
Rotherham-based Facade & Glazing Solutions (FGS), which was divested from the Saint-Gobain Group 12 months ago has since secured more than £40m of new projects.
The company has completed more than 100 projects since it gained independence.
The commercial glazing and façade installation company made the announcement on its first anniversary. Previously part of Glassolutions Saint-Gobain, the business relaunched as Facade & Glazing Solutions UK following its sale to private investment firm CoBe Capital on 1st August 2018.
FGS is experienced in the design, installation, repair and refurbishment of building façades and operates throughout the UK.
Craig McGilvray, FGS Chief Executive Officer, said: “We are pleased with our financial progress and remain on target to break-even in 2020 and to achieve a turnover of £50m by December 2019.
“The business has evolved over the past 12 months and thanks to a hardworking and dedicated team we are in great shape for the future.
“Three of our recent projects have received architectural awards, we have improved the efficiency of our fabrication operations reducing production times by 21% and we have introduced several sustainability initiatives which have resulted in reducing the average weekly energy consumption by more than half.
“We are developing our strategic plans out to 2025, focusing on growing our major and regional projects businesses and strengthening our repair and maintenance proposition.
“We remain focused on developing our processes and delivering projects in which we excel.”
The company’s three award-winning projects are: The Student Centre at UCL which won a Schueco Excellence Award, the V&A Museum in Dundee and the Macallan Distillery, Speyside, which both won a national RIBA award.
The Macallan Distillery has also been shortlisted for a RIBA Sterling Prize, and winners will be announced in October.
