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Dowds Group reports 9% increase in turnover

Ballymoney based business, the Dowds Group has in its latest set of accounts to companies house reported a 9% increase in turnover.

In the past year to March 31st Dowds revenue increased to £36.8 million which has come on the back of increased investment. The group also reported the previous year a 13% rise in revenue.

The firm, which designs and builds mechanical and electrical services, had a strong turnover but when it came to profit before tax, this fell year on year from £1.7m to £562,456. Overall profit after tax was also down from previous year by 40% to £745,771.

Dowds does however continue to be a major employer with staff increasing from 143 to 152.

The latest accounts were published under the name Dowds Electrical (Holdings) Limited on Companies house.

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