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Wednesday 14 October 2026

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Gloucester construction firm sees turnover fall but profits rise

1 hr ago

Gloucester construction firm sees turnover fall but profits rise

Summary

Gloucester-based construction and property maintenance firm E.G. Carter has reported increased profits, despite turnover slipping 8%. The fourth-generation family firm, founded in 1945, has published its results and strategic report for the year ended June 2026.

Details

The results for the year show a decrease in turnover to £92.2m (2025 – £100.7m) but an increase in net profit before tax of £1,736,960 (2025 – £1,456,899). Turnover decreased 8% compared to 2025 but a number of larger contracts are starting early in the new financial year.

The group’s gross profit margin was 11.6% (2025 – 10.2%), with strong levels of site productivity, despite the continued supply chain and inflationary pressure on key materials and tradesmen throughout the year. The strategic report says: “The group has secured a strong order book in the coming year from proven existing profitable workstreams.

The focus of the board will be to maximise the returns of these projects whilst keeping tight control over the overheads of the business. E. G.

Carter has been involved in some major construction projects in Gloucestershire in recent years, including the Cirencester College campus development, Safran’s new facility in Cheltenham, Gloucester Rugby’s training centre at Kingsholm, MKM Builders’ Merchant in Gloucester and the £5m King’s Square regeneration in Gloucester city centre.

The company is currently working on a new special school at Wheatridge, Gloucester. In June this year, E. G.

Carter was named Property & Construction Family Business of the Year 2026 at the National Family Business of the Year Awards .


Report source: Punchline Gloucester

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