Billington’s performance improves

In the year ended December 31 2013, Barnsley-based Billington reported an adjusted pre-tax profit of £929,000, compared with a loss of £133,000 the year before.

Steve Fareham, the company’s chief executive, said: “The improvement in Billington’s financial performance in 2013 is testament to the extensive efforts that have been made restructuring all group operations in the recent past. We have established an appropriate platform from which to serve our customers, while ensuring that we have sufficient capacity and capabilities to exploit growth opportunities as our markets continue to recover.

“We entered the 2014 financial year with the strongest order book the group has had for a number of years and are well placed to exploit opportunities presented in the short-term, in addition to continuing to develop opportunities in new sectors in order to maximise long-term growth potential. The group remains financially strong with an exciting future.”