20th Mar 2019 - 06:00
Image
Abstract
Hospitality provider, Vacherin has announced that in its second full year under a new management structure, turnover increased by 33% to £26.2m, exceeding the predicted 20%.
Phil Roker, owner and managing director, said “We are thrilled with these results. The head office appointments we’ve made have enabled us to remain committed to our clients and core values, while benefitting from consistent growth. Our other key performance measures including contract and staff retention, turnover and cash generation remain extremely robust.”
It added eight new contracts to its portfolio worth an annualised turnover of more than £2.6m, including the Royal College of Pathologists and with a global advisory firm whose London team has recently relocated to Victoria. The combined value of the contracts is £4m.