Connaught's core business will remain in the public sector according to company chairman Robert Henry, who announced record forward orders of £150m for the year.
Since November 1998 the company has increased its turnover by 151 per cent. Over the last three years Connaught has concentrated on developing its web-based asset and supply chain management software, which has added to the increase in forward orders.
'We believe our integrated property solutions strategy, should continue to facilitate growth and help to improve margins,' said Henry.
However, he said that the 'sudden and unpredictable change in the economic climate ... may influence some of our customers, particularly those in the private sector, to reassess their property-related investment and revenue expenditure'.
Source
The Facilities Business
