Pareto FM Delighted With Sixth Year Of Consecutive Growth Despite Covid Challenges
Facilities and engineering services provider, Pareto Facilities Management has reported that, despite seven months of trading being impacted by Covid-19, its annual turnover has risen for the sixth consecutive year.
Figures published for the year ending September 2020 show a 15 per cent organic growth in turnover to £16.2 million, with the facilities and engineering services provider on course to grow by a further 25 per cent next year.
This achievement builds on the 55 per cent growth the company accomplished the previous year ending September 2019.
According to the business, the past 12 months have been a great success for the management team, who have maintained the growth momentum whilst adhering to Pareto’s ethos and culture conceived and firmly established back in 2014 by founder and Managing Director, Andrew Hulbert. This has all culminated in Pareto FM being recognised on the Sunday Times Fat Track 100 List back in December 2020.
Dedicated to organic growth across the UK, Pareto FM having won several prestigious contracts, Andrew Hulbert, said: “There can be no hiding the fact this has been an incredibly challenging year for all service providers as we have all negotiated the turbulence of Covid-19. I am delighted to see Pareto continue to operate sustainably and continue its growth curve during this time. We have significantly improved our already strong financial metrics this year also which enables us to continue to build and achieve substantial growth.
“We are seeing major new opportunities in the sector for SME’s as the larger providers struggle to adapt to the changing clients’ needs whilst we are perfectly set up to adapt.
“We still absolutely love what we do and feel like we are just getting started. We continue to be ambitious in FY7 and look forward to continuing to transform the sector one contract at a time.”
