Deal a boost for firm which saw 2019 profit slip a third
The BBC has chosen Graham to carry out a £25m revamp of its Northern Irish base – a tonic for the firm after pre-tax profit slipped one third in its last set of results.
The Northern Irish contractor is set to work on the corporation’s Broadcasting House home in Belfast.
The project involves the construction of a new building that will link to existing blocks as well as building a plaza space adjacent to the building that will form a new entrance to the BBC.
This has been designed to improve public access and support Belfast council’s vision of Broadcasting House acting as a gateway to City Hall.
Sheppard Robson is main architect and interiors architect on the scheme.
A spokesperson for the BBC said: "The construction firm [Graham] successfully tendered for the provision of pre-construction services. The investment to BBC Broadcasting House in Belfast, announced in March last year, will transform the iconic building, its technology and facilities."
The main construction package, which is due to run for just over three years, is expected to start this December and finish in January 2023.
Broadcasting House was drawn up in 1936 by Scottish architect James Millar and opened in 1941.
Meanwhile, Graham said pre-tax profit fell 37% to £8.2m in the year to March 2019. Turnover was down by 4% to £723m.
The firm said it was targeting 3% margins in its current financial year and had forecast revenue to be £875m.