Beard builds on success with positive 2011 outlook

September 29, 2011
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Local construction company Beard is on track for a strong performance this year despite the industry being battered by the economic situation and government cut backs.

For the eight months to August 2011, Beard’s Swindon office achieved a turnover of £15 million, up 125% on the previous year, with the team securing orders for new contracts worth over £14 million.  These are record levels for the Swindon operation which has ensured the company will exceed its budgets.

The strong performance of the Swindon-based team is due in part to a number of regional authority framework agreements across Wiltshire, Gloucestershire and Berkshire, adding to Beard’s traditional strengths.  In addition to winning a bid to build a new £2 million plus Arts and Design Centre at Cheam School, the team has won three new MoD contracts under a relationship with Aspire to improve facilities at Larkhill and Bulford Garrisons, and has been selected as a supplier to projects under the Ministry of Justice Framework.

Swindon construction director Marc Bayley said: “This is a really good performance from the team. Business remains difficult, but the 10 framework agreements we are involved with puts us in a good position. Not surprisingly alterations, renovation and improvement works represent a larger proportion of the business at the moment and our property services team is particularly busy. Accolades for Health and Safety from our work with the MoD and our recent Investors in People Gold Award – one of just a handful of construction companies to have achieved this level – shows we are getting the other things right too.”

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