Keltbray weathers Brexit slowdown to boost revenue

By Dave Rogers2018-05-02T06:00:00

Specialist contractor says profit stayed flat last year

Uncertainty over the outcome of Brexit in its core London and South East heartland failed to put the brakes on growth at Keltbray last year with the firm busting the £400m turnover barrier for the first time.

The firm, which helped tear down the PwC buildings that made way for the Shard at London Bridge, has long since branched out of its demolition roots and last month announced a joint venture with Canadian firm Aecon to target overhead line rail work in the country.

Keltbray, which recently lost out on a £95m deal to carry out the enabling works contracts as part of the £1bn redevelopment of Stamford Bridge for Premier League team Chelsea, said income in the year to October 2017 was up 13% to £417.5m.

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