Pot hole work boosts growth at May Gurney | Smart Highways Magazine: Industry News

Pot hole work boosts growth at May Gurney

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Extra funding for pot holes has helped May Gurney deliver strong growth in the first half of the year.

Reporting on trading in the six months to September, the services contractor said it expected workload to rise over the year.

Philip Fellowes-Prynne, chief executive of May Gurney, said: ”During the first six months of the current financial year, we have continued to build on our strong performance in 2010/11 and have grown our forward order book to £1.5bn.

“Trading in the first half has been strong. Our performance has been driven by an increase in highways maintenance on the back of new Government funding, activity in AMP5-related contracts.”

In June, the first month of a six-year deal with Surrey County Council, May Gurney resurfaced almost 270,000 sq m, equivalent to 20 miles of road.

That month East Sussex County Council also extended its current contract with the firm for a further three years to August 2015.

May Gurney said its pipeline of sales opportunities was worth in excess of £4bn.

In the first half, May Gurney was named preferred bidder for two new long-term contracts.

Bristol City Council’s waste collection, street cleansing and winter maintenance contract is valued at around £96m over seven years, with a potential seven-year extension. It mobilises next month.

Cheshire West and Chester Council’s waste and recycling contract is valued at up to £126m for a fourteen-year period with the potential for a further seven year extension.

 

 
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