A CUMBERNAULD manufacturer of PVC and aluminium doors and windows chalked up record turnover of over £36 million in the year to March 31 and saw pre-tax profit rise to £3.38m, up from £2.38m in 2016.
CMS Window Systems, which specialises in the manufacture, design and installation of PVC and aluminium windows, doors and curtain walling for residential, public sector and commercial buildings, increased Ebitda to £4.1m in the year, up 34.64% on the previous year.
The firm, which has been backed by mid-market private equity investor LDC since 2016 when it secured investment to support its expansion across Scotland and England, operates from a 15-acre manufacturing and recycling facility at Castlecary, near Cumbernauld. It opened a new £500,000-plus door manufacturing and recycling plant in Kirkcaldy last month.
Chief executive David Ritchie said the firm had met all its “strategic and financial targets” with an order book valued at £65m over the next three years.
“This includes our largest-ever single contract valued at £10m to manufacture and supply windows, doors and curtain walling for the prestigious Atlantic Square development in Glasgow,” he added.
“With a solid operating platform already in place, we have invested heavily during the last year in our PVC factory capabilities at Castlecary to enhance production capacity in preparation for the next phase of planned growth."
Mr Ritchie said: “This is continuing into 2018/19, with a new door factory in Fife already opened during quarter one and plans to invest in our aluminium factory capacity as well as a new trade manufacturing facility.”
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