Portview grew turnover to £74million in year to 30 November 2023
30th Aug 2024
Portview grew turnover to £74million in year to 30 November 2023
Focus on collaboration and quality drives continued growth
Portview grew its turnover to £74million in the year to 30 November 2023 contributing to an increase in operating profit to £7.6m.
Portview operates across the UK and Ireland and specialises in delivering extraordinary spaces for some of the world’s most recognisable brands.
The board of Portview said they are satisfied with the strong trading performance for the 2023 financial year and that their objective is to achieve sustainable growth whilst maintaining a gross margin percentage that is consistent with previous years.
2023 also saw the culmination of a long term succession strategy with two shareholders exiting the business and Paul Scullion taking on the role of Managing Director during the year. The remaining board of directors had been in place as part of the plan.
Commenting on the financial results, Paul Scullion said: “We are strategically well positioned across a number of key sectors, with a high level of repeat business bolstered by prestigious new clients enabling us to anticipate further steady growth from a record order book. Our collaborative approach and consistent delivery of high-quality, complex projects are the main drivers behind our continued progress.”
“Having grown employee numbers by over 60% in the last 5 years, has enabled the business to deliver large projects such as the recently completed 17-storey, 441,320 sq ft London College of Fashion within Queen Elizabeth Olympic Park. We are continually looking for high-calibre people as we expand further.” he added.
