Keltbray's CEO Brendan Kerr: “We expect to continue to stay ahead of the construction market recover

Keltbray's CEO Brendan Kerr: “We expect to continue to stay ahead of the construction market recovery by growing the business in excess of 20% in 2014."

UK contractor Keltbray Group has released its financials for the year ending 31 October 2014, which show an increase in turnover of 50%, up from £144.7 (US$225.8) million to £216.9 (US3343.1) million. Gross profit grew 40% from 26.9 m (US$42) million to £37.6 (US$58.7) million.

The company’s Demolition & Civil Engineering division, which accounts for more than 70% its business, saw a growth in turnover of more than 60%, which the company said was the result of securing a good long-term pipeline of work.

According to CEO Brendan Kerr: “2014 saw a continued strengthening of our performance. This improvement has been driven by the demolition and civil engineering business stream, where experienced project teams supported by our in-house design capability, provide innovative solutions and delivery on complex challenging projects such as Earls Court, Bradwell Power Station, Angel Court and London Bridge stations.”

“Our piling and asbestos businesses are now established as major players in their sectors and allow us to offer an integrated service to our clients which cannot be matched in the UK market. As part of our works at Chelsea Barracks, the piling business was awarded a £10 million contract for secant piling that was successfully completed in a tight timeframe of 34 weeks. The asbestos removal business won a large framework contract with Royal Mail covering all their UK properties and a considerable project on the major development at Battersea Power Station. This is likely to be succeeded by further contract awards for our other demolition and civil engineering businesses.

Demolition & Recycling International July-August 2019 1

Demolition & Recycling International - July-August 2019

Included in the issue: 

  • WORLD NEWS 
    Another record year for World Demolition Awards; Turcot Interchange project to feature at Summit; CECE leads circular economy call; Metso acquires McCloskey; decommissioning of nuclear power plants set to grow; O’Keefe in four-time safety award win; AR Demolition goes for remediation relaunch; EDA hails successful Japan study tour
  • INTERVIEW – JET DEMOLITION 
    American Joe Brinkmann grew up in farming, graduated in engineering and now heads an award-winning South African demolition contractor
  • EXCAVATORS
    Manufacturers find themselves meeting increasing challenges
  • D&RI100 HEADLINERS 
    A more detailed look at the stories behind the numbers for some of the companies involved in our annual listing of contractors by turnover
  • SPECIAL FEATURE – METSO & CAREY’S
    Two companies celebrating differing milestones during mid-2019
  • RECYCLING AKTIV SHOW GUIDE
    D&Ri looks ahead to Recycling Aktiv, the demonstration trade fair for recycling machines and systems taking place in Germany in September
  • HYBRID TECHNOLOGY
    How does technology tie in with what the customer wants to achieve?
  • HYDRODEMOLITION
    A challenging project at an oil terminal in Nigeria
  • WORLD DEMOLITION SUMMIT
    A look at the 10th anniversary of the World Demolition Awards
  • OPINION – RICHARD VANN
    Exactly how important is stakeholder engagement in demolition?
  • EQUIPMENT
    Demarec and Hammer to merge; Liebherr lightens the load for Dowideit Recycling in Germany; Costello Dismantling boosts volumes with Genesis bucket crushers; Sandvik introduces nextgeneration impact crusher
  • EDA NEWS
    All set for Think Tank 2019;Industry Report on its way

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