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03/12/2018

CCG (Scotland) Reports Record Turnover

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CCG (Scotland) has reported a turnover exceeding £144 million – up 6.2 per cent on 2017’s figures.

Profit before taxation also significantly increased on the previous year to over £9.1 million.

Over the past year, CCG has secured a number of strategic partnerships with registered social landlords including the City of Edinburgh Council, West Dunbartonshire, East Ayrshire, East Renfrewshire, Angus and Perth and Kinross. The business is currently live on 1,500 homes across Scotland with a strong public sector pipeline secured until 2021.

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As well as strengthening its presence in the social house building sector the business relaunched its private homes offering, CCG Homes, by bringing to market 156 luxury residences in Glasgow’s south side – Riverford Gardens. Of the first release of 35 homes in September 2018, CCG has sold over 60% with the first homeowners due to move in February 2019.

Bernie Rooney, Financial Director of CCG (Scotland) Ltd, said: "We are delighted with these results and they demonstrate that after four decades in business CCG continues to go from strength to strength. In an ever-changing housing market, our business remains at the forefront of innovation as demand for good quality and sustainably built social and private housing continues to grow.

"Whilst we have a range of specialist companies within the CCG family and are operational across a variety of sectors, between 80 and 85% of our turnover is in housing and this will continue as we seek to grow our market share in both public and private housebuilding."

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