Stepnell steady in face of cost pressures

For the year to March 2023 Stepnell made a pre-tax profit of £1.27m on turnover of £93.7m

Pre-tax profit was up by just 1% on the previous while turnover was up by 3.5%.

Managing director Tom Wakeford said “Our performance reflects an ongoing commitment to performance improvement, and we are pleased with these results especially given the challenging circumstances of project budgets being squeezed by cost increases from rising inflation, an energy crisis, and shortages right across the indust