GSH Group reports strong financial performance

GSH Group, a leading energy and technical FM management company, has reported an operating profit of £6.9 million for the year ended 31 July 2010, with turnover up by 4.6% to £250 million. Earlier this year, GSH Group de-listed from AIM to return to being a privately owned business. Operating cash generation was £5 million, which, with a bank facility of £6 million, provides funding for the company to continue to invest in the business and enable the management team to develop the long-term strategy.

Ian Davidson, group chief financial officer, comments, ‘I’m delighted to report this robust financial performance, achieved within a tough economic environment. We have a platform for future growth and are in an excellent position to invest where appropriate in long-term business development.’

Related links:
Related articles:



modbs tv logo

MBS Vlog with Karen Fletcher

Karen Fletcher on some of the main themes in the March 2020 issue of MBS magazine.

Why we need an Office of Construction

Rudi Klein, chief executive of the SEC Group shares his vision of why we need an Office of Construction to help bring about much-needed change.

Calendar