The family-owned firm, which has offices in Bristol, Guildford, Oxford and Swindon, reported a 24% leap in its pre-tax profits for the period, up from 拢2.3m in 2014 to 拢2.9m.
Turnover grew 26% for the period from 拢88.1m to 拢110.8m on the back of improving UK market conditions.
The year-end order book also rose by 55% from 拢60m to 拢93m while cash flow remained strong, with cash balances often exceeding 拢12m.
Beard is on 10 construction frameworks and secured a number of projects last year in the education, healthcare, sports and leisure and commercial sectors. These included: a 拢4.1m refurbishment of a Georgian terrace, for the University of Bristol's Law School in Berkeley Square, Bristol; a 拢5.7m construction of the new Alexander Devine Children鈥檚 Hospice in Maidenhead; a 拢10m headquarters for Vision Engineering in Guildford; a 拢5m library and sixth form centre for Reigate Grammar School; and the 拢3.2m construction of Ridgeway Primary Academy in Swindon.
Chief executive Mark Beard said: 鈥淥ur focus on prompt and faultless delivery, and being selective about the projects we undertake, has helped us win more work and provided new opportunities for growth in 2015. We鈥檝e also seen high levels of repeat business which we have been able to secure due to investment in people, systems and modern building practices giving us the confidence to be able to deliver for our customers. The future results are likely to be of a similar or better level.鈥�
He continued: 鈥淟ooking ahead, our order book is strong and we expect to see another good year of sustainable growth for the business which continues to benefit from a strong leadership team and ongoing investment in training and development and enhancing our construction services offering. I see growth this year coming from doing more of what we already do in our business sectors and growing market share by being the best at what we do.鈥�
Since taking over as chief executive in 1999, Mark Beard has seen the business grow from 拢18m to 拢110m turnover and profits rise from 拢250,000 to 拢2.9m over the past 17 years.
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