GALBRAITH, a leading independent property consultancy, has reported a significant increase in revenue and profit, following growth across the company in the past year.
The firm, which works across the UK, from 14 offices, has seen revenue rise to £13.07m and profit to £2.90m, for its financial year ending 31 March 2019. Profit has increased by 33% since the financial year ending 31 March 2017.
Galbraith is a diversified firm with significant interests in commercial, residential and land agency, forestry, building surveying, energy and estate management.
Since the end of the financial year, Galbraith has merged with the former business of Land Factor, now a fully integrated part of Galbraith, providing a local presence for customers across the North of England, with offices in Hexham, Blagdon and Penrith.
Pam Over, CEO of Galbraith said:
“I am delighted to report that the organic growth we have achieved within the firm in recent years, coupled with prudent acquisitions, have delivered early results. We look forward to the merger with Land Factor being reflected in our future performance.
“Our self-contained business streams have prospered this year. We have invested in our energy, building surveying and forestry divisions in particular, as there are significant opportunities in these sectors. Once again we are reporting impressive growth across the board.”
Iain Russell, chairman of Galbraith, said: “Our strategy of delivering high-quality property services with the best professionals through an extensive network of offices has proved successful. We are committed to maintaining this approach and are confident that good opportunities lie ahead across our various business divisions.”
