CH&Co Group locks in £58m of new and retained contracts in fruitful first half

Lamb, gnocchi, baby gem

Catering specialist CH&Co Group has secured more than £58m of new and retained business within the first six months of its financial year, it has revealed.

The new sales across the UK, which represents £26.7m in full contract term value, come from over 20 new clients including Farnborough Business Park, Coleg Gwent, Arqiva, Pall Europe, St Giles Hospice, Healthcare at Home and Neilsen.

The retained business, worth £31.5m, is with a number of long-term clients including The Law Society, Sopra Steria, and East Wintergarden in Canary Wharf.

Story continues below

The announcement coincides with the latest results for the Group, lodged at Companies House this week, showing annual turnover reaching £191m in the year ending December 2016 and an EBITDA of £8.2m or 4.3%.

Bill Toner, chief executive of CH&Co Group, said: “Our businesses, including The Brookwood Partnership which joined with CH&Co Group in July 2016, have continued to perform well with strong retention and a number of significant new contract wins.

“Our new contracts success demonstrates that the company is delivering what clients are looking for and the retention results show that our focus on clients is very much on the long term, providing the innovation and services they want and good value for money.”

Since June 2015, when HCM merged with CH&Co to create CH&Co Group, The Brookwood Partnership and Harbour & Jones have also joined the group. The projected annual turnover of the new combined company is £265m.

Toner added: “The enlarged family has provided opportunities for all of the original companies involved to share best practice and update systems and IT to make sure we have state of the art technology, leading learning and development programmes, and the latest thinking in marketing; all geared up to providing the best service to our customers.”

Tags : BusinessCH & CofoodFoodservicesales

The author emmacalder

Leave a Response