Turnover and profit remain stable at Stepnell

Turnover and profit remain stable at Stepnell

Stepnell has reported small rises in turnover and pre-tax profit for the year to 31 March, in documents posted with Companies House yesterday (12 September).

Revenue from construction contracts held by the Rugby-based firm rose from £9src.5m to £93.7m, marking a 3.5 per cent year-on-year increase.

Pre-tax profit also ticked up slightly, with growth of 1.6 per cent from £1.25m to £1.27m. This delivered a slightly lower margin of 1.35 per cent compared with 1.38 per cent the previous year.

This stability was achieved despite a “challenging” business climate in 2src22/23, director and company secretary Thomas

…. to be continued
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