Ambitious contractor aims to increase turnover 50% to £750m over the next three to five years
Willmott Dixon has unveiled plans to boost its turnover 50% to £750m by 2012.
To achieve this, the contractor is overhauling its business, opening two regional offices, in Manchester and Dartford, Kent. This will take the number to six, each responsible for turnover worth about £125m.
The contractor originally planned to set up the Manchester office in January 2009 but both the Manchester and Kent offices will now open at the start of next year, under an accelerated growth plan.
John Frankiewicz, Willmott Dixon’s chief operating officer, will assume personal control of the Manchester division, with Anthony Dillon, formerly a director at Costain, as deputy managing director. It is expected that Dillon will assume full control of the region once the business is established. This will mean significant expansion in the north of England.
The Dartford region, which will cover east London, the Thames Gateway and the eastern counties, will be run by Rob Lamb, now deputy managing director of the Birmingham region.
Frankiewicz said: “This strategy gives us national coverage and a strong foothold for the future. I don’t see any dilution of profit as a result.”
Frankiewicz added that he was “pretty certain” that the company would reach its turnover target of £500m for 2007/8. He said: “We have almost got all of our workload secured now.”
- Turnover to hit £750m by 2012
- Four regional offices to increase to six
- Push on expansion in north of England
The company is also looking to appoint a sustainability director.