{"id":6344,"date":"2025-07-02T07:46:28","date_gmt":"2025-07-02T07:46:28","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=6344"},"modified":"2025-07-02T07:46:28","modified_gmt":"2025-07-02T07:46:28","slug":"keltbray-bounces-back-with-3-2m-profit","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/keltbray-bounces-back-with-3-2m-profit\/","title":{"rendered":"Keltbray bounces back with \u00a33.2m profit"},"content":{"rendered":"<p data-start=\"272\" data-end=\"446\">Keltbray Built Environment has delivered a major turnaround, posting a \u00a33.2m pre-tax profit last year, a sharp recovery from just \u00a344,000 in the prior year.<\/p>\n<p data-start=\"448\" data-end=\"632\">Turnover rose 17% to \u00a3364m, while gross profit jumped 71% as the business tightened up opportunity selection and improved project delivery through its Integrated Project Model.<\/p>\n<p data-start=\"634\" data-end=\"794\">The model sees several of Keltbray\u2019s early-stage construction specialist services delivered under one roof, giving clients a single point of accountability and more efficient execution.<\/p>\n<p data-start=\"634\" data-end=\"794\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"498598\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fcivilsshow.com%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/NCS MPU GIF.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"796\" data-end=\"985\">A more disciplined bidding strategy also helped boost performance, with the Executive Investment Panel now vetting all new jobs based on margin, risk, and strategic fit \u2013 not just turnover.<\/p>\n<p data-start=\"987\" data-end=\"1216\">Cashflow followed suit, with year-end reserves up \u00a35.8m off the back of stronger profit conversion and better working capital management. The division remains debt-free and has access to Keltbray Group\u2019s \u00a330m Metro Bank facility.<\/p>\n<p data-start=\"987\" data-end=\"1216\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"439734\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fwww.intersteels.com%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Retro-FitsteelspecialistsGIF-ezgif.com-resize.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1218\" data-end=\"1408\">Looking ahead, the division has \u00a3302m of secured workload going into FY25 and expects to hit \u00a3350m revenue. Half-year performance is said to be on track, with further profit growth forecast.<\/p>\n<p data-start=\"1410\" data-end=\"1587\">The business will stay focused on technically demanding projects.<\/p>\n<p data-start=\"1410\" data-end=\"1587\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"462809\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Ftinyurl.com%2F3m4thdsw%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/SS PressureTest+ 300_250px.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1410\" data-end=\"1587\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"494158\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.agd-equipment.co.uk%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/AGD002_AGD-MPU_Pilers_300x250_2.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1410\" data-end=\"1587\">\n<p>from Construction Enquirer https:\/\/ift.tt\/70lDT1P<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Keltbray Built Environment has delivered a major turnaround, posting a \u00a33.2m pre-tax profit last year, a sharp recovery from just \u00a344,000 in the prior year. Turnover rose 17% to \u00a3364m, while gross profit jumped 71% as the business tightened up opportunity selection and improved project delivery through its Integrated Project Model. The model sees several [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":156,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-6344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=6344"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6344\/revisions"}],"predecessor-version":[{"id":6345,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/6344\/revisions\/6345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/155"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=6344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=6344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=6344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}