The outgoing chair of Sweett Group has said the outlook in the UK market is "bright" as the firm's margins in the country improved to nearly 11%. Speaking at the firm's annual general meeting (AGM) last week, Sweett chair Michael Henderson said the firm "continues to make encouraging progress" Henderson was replaced as Sweett chair by former Kier chief executive and current Severf ield non-executive chair John Dodds at the AGM, as previously announced by Sweett. Henderson said: "The UK market continues to be robust and currently is our most established and promising market. UK margins are improving to nearly 11% and the group is benefitting from clients committing to a greater level of long-term contracts. Our recognised leadership in the retail and health sectors, together with the traction we are gaining in the UK energy and infrastructure sectors, makes the UK outlook particularly bright."
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