Rigby Group set to confirm best ever financial results for year ended 2023
27 Jun 2023
Rigby Group plc to confirm their best ever financial results, with £3.9 billion turnover.
Rigby Group plc are set to confirm their best ever financial results, with a turnover of £3.9 billion expected for the year ending March 2023, an almost 15% increase on the previous year, and reinforcing the Rigby family’s ranking as one of the UK’s top ten family businesses.
- Turnover £3.9bn (up £0.5bn)
- EBITDA £194mn (up £88mn)
- Pre-tax profit £158mn (up £88mn)
- Net Assets £506mn (up £143mn)
- Cash resources >£500mn
James Rigby, Co-CEO of Rigby Group and CEO of SCC EMEA said:
“Technology is the driving force behind Rigby Group and sits at the heart of our investment strategy. Being family-owned, we are able to remain agile and throughout FY23 we have continued to take decisive action and deliver strategic initiatives that align with our long-term vision, resulting in another record year. This will remain the case as we look ahead to 2024 and beyond, and we remain firmly committed to investing in our business, our people, and new technologies for strategic and sustainable growth.”
Steve Rigby, Co-CEO of Rigby Group said:
“To achieve such strong results as the family business approaches its 50th year is fantastic. My father, Sir Peter Rigby, started the business in 1975 and to see where we are today is amazing. Today, we have three generations of family involved in our business, and I believe it is the combination of our ages, ability and ambition that have led us to this point, and of course the 8,500 colleagues who help us achieve great things for our customers and partners every day. Looking ahead, these results put us in an excellent position to realise our future investment ambitions and plans.”
Sir Peter Rigby, Founder and Chairman of Rigby Group, said:
“This latest record performance is down to the efforts and perseverance of our teams, combined with the leadership of Rigby Group Co-Chief Executives, James and Steve. In a year marked by significant challenges and opportunities, I am proud to say our people navigated through them with resilience, innovation, and unwavering commitment. We should all feel very proud. We have created an inclusive and empowering culture that fosters innovation, collaboration, and continuous learning, and I am confident that our people will continue to lead us to greater heights in the years to come.”