Beard Construction reveals exceptional half year results
Beard has published its half year results, revealing an exceptional performance for the family-run construction firm.
The accounts covering the first half of the year reveal £72m in sales, holding a strong cash balance and zero debt on its books.
Despite the hard lockdown from March until June, Beard completed a total of 31 projects, including the Swindon Carriage Works and a brand-new training facility for Premiership Rugby club Bristol Bears.
The company has grown significantly over the past few years and today has a head of work in excess of £100million going into 2021.
Chairman Mark Beard comments: “In early July we asked our auditors to conduct an independent review of our financial accounts for the first six months of this year, which they duly did.
“This is the first time in the history of the business that we’ve carried out this exercise. Pleasingly our results show that our balance sheet remains very strong and we have a healthy cash position.”