Efficiency Drive Helps Thomas Vale to Build Up Profitability

Birmingham Post › July 21, 2011

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Summary

Worcestershire-based construction firm Thomas Vale Group has said a focus on efficiency helped it report an increase in profits last year.

The privately-owned firm, which is building a new pounds 38 million office development for Birmingham City Council, said turnover for the year to the end of March increased by 28 per cent to pounds 251.6 million with profits before tax standing at pounds 3.9 million, up from pounds 3.6 million last year.

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Efficiency Drive Helps Thomas Vale to Build Up Profitability

Year-end cash balances increased to pounds 21 mill...

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