Optimistic picture at engineering company as it targets further rise in turnover

Work to support multi-million pound development contracts has seen civil, structural and geoenvironmental engineering firm, RWO, secure strong growth in the last year with a healthy forward order book.

The firm, which recently relocated to Mabgate Mills in Leeds, and provides engineering support for commercial, leisure, health and residential projects, has posted a 15% increase in revenues in FY2024.

This growth for year end 2024 has seen overall turnover propelled to £3m, with a target to boost this to £3.5m in 2025.

Currently employing a 35-strong workforce, business explains its revenue increase has come on the back of a resilient performance, organic growth and continued investment in resources along with a launch of the geoenvironmental team in 2022.

Demand for the company’s services has not only been in the North, with new projects secured in London, South East England and the Midlands.

Managing director, Ross Oakley, said RWO had managed a robust performance through resolving complex engineering issues and the launch of its new geotechnical and ground engineering services.

He added: “Work in the civil, structural and geoenvironmental engineering sector remains resilient with green shoots continuing to show in the residential market.

“This is contributing to additional growth and expansion for us, with a steady stream of work coming up in next 12 months as previously delayed projects get the green light.”

He said he expects to see increasing volumes of work within the data centre market, as activity remains “extremely” busy in this sector.

The volume of civil engineering work is also expected to see a 17% rise in new project starts throughout the year and into early 2025.

Oakley added: “We are seeing increased levels of work from the data centre sector, and confidence returning within the residential market both from the social providers and private sector.

“We are very positive about the future and will continue to build on our success to date. This will see us add further to our team across the UK as we grow and invest in improving client services.”

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