Profits have risen by a third to almost £2m at a Cheshire-based construction firm founded in the 1930s although the family-owned business warned that it remains unclear about the impact of the UK's vote to leave the EU on the sector.
Pochin's has posted pre-tax profits of £1.8m for the year ending 29 February 2016 in its latest set of accounts, up by 31 per cent on a year earlier. Both the construction and property divisions contributed to the group's profits.
Meanwhile, revenues at the Middlewich-headquartered company climbed by 20 per cent to £72.3m over the same period.
In his report accompanying the accounts, Pochin's chairman Richard Fildes said: "The group's construction order book is healthy with a level of turnover consistent with last year's level. Initial concerns about effects on the construction and property industry of the EU vote have been widely publicised. It remains to be seen whether they are well-founded.
"The management changes and overhead reduction undertaken following the group's return to private ownership have ensured that Pochin's is well-placed to maintain its position as a well-regarded regional construction and property business offering good quality and service to its clients."
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