Imtech Imtech see strong upturn post COVID-19 pandemic peak 23 AUG Imtech see strong upturn post COVID-19 pandemic peak Added on: 23/08/2021 Following the easing of the remaining COVID-19 related restrictions, Imtech Group has seen a period of strong recovery and growth, starting in the final quarter of 2020 and continuing into 2021. A sharp upturn in new work in Q4 2020 resulted in a closing order book for 2020 of £538m and new contracts worth over £311m have been secured during the first half of 2021. Each business in the Group has contributed to these wins: Breathe, Imtech’s energy performance contracting arm, has supported a number of NHS Trusts to secure over £100m of funding through the Public Sector Decarbonisation Scheme to deliver carbon reduction projects. These will help meet the net zero ambitions of Imperial College Healthcare, Harrogate District Hospital, Northumbria Healthcare and Northern Lincolnshire & Goole NHS Foundation Trust. Imtech’s Engineering Services has secured projects for the BBC in London, the NHS in the North West and North East, a school in Leeds, a new hotel in Hoxton, London and at the National Manufacturing Institute Scotland in Glasgow, as well as adding to its portfolio of work for parent company, EDF, in the nuclear arena. Imtech businesses, Inviron and Capula, both celebrated wins with new and existing clients in the first half of 2021. Inviron secured and mobilised two long-term NHS contracts in the South East, worth in the region of £18m and also complemented its work at the Houses of Parliament by being appointed to the MEPFS framework, which will also bring opportunities for the wider Group. Building on a 25-year relationship, Capula has been selected as a strategic supplier on a five-year framework supporting National Grid to deliver the UK’s future energy transmission systems. As with many of its industry peers, 2020 represented a challenging year for the Imtech Group. The onset of the COVID-19 pandemic in late March and the resulting drop in productivity levels caused by site closures and enforced restrictions particularly impacted its Engineering Services activities. Notwithstanding this, the Engineering Services business was able to accelerate, and successfully complete, plans to restructure and consolidate its UK regional businesses into a single entity. The new organisation will deliver a consistent approach to drive quality and efficient productivity levels. There is already clear evidence, from the strong start in 2021, that it is creating a better experience for customers and driving future growth. Having a strong and supportive parent company in EDF has provided Imtech with financial resilience throughout the past year, ensuring the overall cash position always remained strong and it was able to support employees and supply chain partners during this unprecedented time for the UK and the industry. Gautier Jacob, CEO, Imtech UK commented: ‘I’m incredibly pleased that we are able to report this exceptional start during the first half of this year and that Imtech is playing a full part in the strong bounce back and recovery of the UK construction industry, which started in the latter part of last year and has continued to gain strength during 2021. Looking forward, we can see many opportunities coming through the pipeline and we anticipate a continued upturn within the industry and economy. As well as having a very strong forward order book, we remain focussed on our strategy to achieve growth in our targeted sectors including public sector, technology and industry. Our experience and expertise ensure we are in a good position to support our clients achieve their net zero ambitions, as we all work toward the Government’s Ten Point Plan for a Green Industrial Revolution.’ Back to News List Recent News 26/08/2021 CAPULA SELECTED AS A STRATEGIC SUPPLIER IN NATIONAL GRID’S LCT... Capula has been selected by... 23/08/2021 IMTECH RECEIVE ROSPA AWARDS FOR HEALTH AND SAFETY ACHIEVEMENTS Imtech’s Engineering Services and Inviron... 23/08/2021 IMTECH SEE STRONG UPTURN POST COVID-19 PANDEMIC PEAK Following the easing of the... Archives August 2021 July 2021 June 2021 May 2021 March 2021 January 2021 October 2020 September 2020 August 2020 July 2020 June 2020 December 2019 June 2019 February 2019 Related Posts 12 JUL Imtech and industry peers to drive construction net zero... Supporting customers to achieve their net zero ambitions is one of Imtech’s key priorities. We... Read More 08 JUL Imtech strengthens healthcare portfolio Imtech has been awarded a £2m contract by Sir Robert McAlpine to deliver the mechanical... Read More 1 2 3 OUR PARENT COMPANIES About Us About Zero Harm Our Strategy Group Values Our History Leadership Team Modern Slavery Disclaimer Privacy Policy Tax Strategy Statement Section S172 Statement Quick Links Home Life at Imtech Expertise Our People Our Businesses Opportunities Imtech Inviron Women in Imtech Imtech Engineering Services Get in touch Breathe Locations Capula News Contact Us ADDRESS TWENTY, 20 Kingston Road, Staines-upon-Thames, Middlesex TW18 4LG PHONE 01784 411600 EMAIL contactus@imtech.co.uk Latest Posts Capula selected as a strategic supplier in National Grid’s LCT Framework Agreement Capula has been selected by National Grid... READ MORE > Imtech receive RoSPA Awards for health and safety achievements Imtech’s Engineering Services and Inviron businesses are... READ MORE > Imtech see strong upturn post COVID-19 pandemic peak Following the easing of the remaining COVID-19... READ MORE > © All rights reserved 2021 Imtech. WEB DESIGNERS – SAY WEB DESIGN Linkedin We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Cookie settings ACCEPT