Winvic Group turnover passed 拢1bn for the first time last year and it completed its millionth square foot of industrial space.
In the year to 31st January 2025, Winvic Group turned over 拢1,017m (Jan 2024: 拢959m) and made a profit before tax of 拢32.2m (Jan 2024: 拢18.9m).
The net cash position climbed to 拢126m at year-end (Jan 2024: 拢94m).
Stronger growth is expected this year, with revenue of 拢1,247m being forecasted for the year to January 2026.
During the past year Winvic started 29 new projects in the industrial & logistics (I&L) sector and completed 19 schemes, taking the company past the milestone of 100 million sq ft of space constructed since its formation in 2001 by Simon Girardier, Simon Hunt and Dave Ward.
During the year it also completed three build-to-rent residential developments and purpose-built 聽student accommodation scheme, surpassing 12,500 beds handed over by year-end.
Initially a beds-to-sheds specialist, Winvic has branched out into infrastructure in recent years. Last year it completed five civil engineering projects and started three new standalone schemes.
The year also saw an ownership restructure, with members of the current management team becoming shareholders.
Winvic Group includes Winvic 萝莉原创, Sitecrete and a 49% shareholding in Premier Plant.
鈥淭he group remains in a strong cash position with no debt and a robust pipeline of long-term work in progress,鈥� summarised chief executive Simon Girardier.
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