BANKS Group

Known for their development within the surface coal mining, property and renewable energy sectors, the Banks Group has announced a huge increase in profits – stating they’re in a good position despite the downturn from Covid-19.

Operating across three divisions – Banks Mining, Banks Property and Banks Renewable – the firm has announced profits of £18.3m for the financial year ending 30th September 2019 – a major increase of almost £9m, as sales increase by £10m from £99m to £109m.

The group – who’re speaking at our York Development Plans Webinar about their upcoming schemes in that area – commented: “The board believe that, despite the potential impact of Covid-19, the group will be in a good position to maximise the opportunities available from all the markets in which we operate provided new mines are consented to replace those nearing completion.”

Group finance director Simon Fisher said: “The board believes that, despite the potential impact of Covid-19, the group will be in a good position to maximise the opportunities available from all the markets in which we operate provided new mines are consented to replace those nearing completion.”

You can here from Banks Group at York Development Plans by registering here: https://www.built-environment-networking.com/event/webinar-york-central-development/