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Osborne returns to profit and boosts order book

Contractor Osborne has returned to profitability with a pre-tax profit of £5.2M for its annual results to 31 March, against a £2.6M loss in the previous year.

The firm saw turnover rise 28% from £256M in 2013 to £325M in the same period.

Forward orders have also witnessed a healthy boost e value of work under negotiation sits at £663M compared with £351M.

Osborne chief executive David Fison said: “The great thing about improving performance is that it gives us more time for our customers, so I am delighted that not only have we returned to profit but have also refreshed our customer focus and brand image, which gives us a new vibrant look. We have an inbuilt DNA to care for our customers and we want more customers to be aware of this.”

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