Curzon Holdings, the parent company of fit-out specialist Jarvis Newman, expects to increase turnover to £100m, despite the downturn in the interiors market.
Chief executive David Freeborn said the addition of property maintenance firm TCL Granby and furniture supplier WH Systems would ensure growth.

“We’re growing the group as a whole, not just concentrating on fit-out,” Freeborn said.

Freeborn made the comments as Curzon released results for the year to 31 July. Pre-tax profit increased 28% to £1.7m and turnover rose 48% to £58.5m.

Freeborn said turnover would be between £90 and £100m for the year to 31 July 2003. “That will happen as the impact of the new businesses we have acquired is felt. We’re looking to grow Jarvis Newman despite the office market shrinking.”

Freeborn said that the group intended to expand its hotel fit-out business. Curzon has recruited Tony Kay, former director of technical services for hotel chain Rocco Forte to help grow this side of the business.

“It’s a specialist market and Tony has the knowledge that will put us at the forefront of the hotel sector,” Freeborn said.

This week, Curzon also set up Strategic MM, a business that will handle office moves.