RED Group, which has recently celebrated its 10th anniversary, has announced its results for the last financial year, covering April 2025 to March 2026.
- Turnover rose by 11%, from £171m last year to £190m in 2025/26.
- £1.5m was invested into the business, enabling the reorganisation announced in April this year.
- It is anticipated, given the 2026/27 strong order book, that RED Group will grow its revenue by more than 10% again in the current financial year.
- Margin is also expected to achieve 3%, highlighting the benefit of the investment into RED’s reorganisation.
- RED’s five-year plan, comprising consistent year-on-year revenue growth around 10% and a turnover target of £325m by 2030, will allow each individual business to expand and thrive, with greater autonomy underpinned by the Group’s culture, ethos, and values.
Graham Sturge, CEO, RED Group, commented: “The last financial year has been the best, and most important, in RED’s journey. Consistent turnover growth, year-on-year for 10 years since we founded the business, put us in the perfect position to shape the ‘what next’, and our response has been to invest in diversification. That reorganisation, which came into place in April this year, has already borne fruit, with an order book for 2026/27 that’s taking us towards the revenue and margin increase we set out to achieve and provides a solid foundation for 27/28
“We have delivered and started a number of prestigious projects for our clients in the year, across several regions and specialisms driving performance through living the values of the business. That approach and culture has taken us into the top 100 contractors nationally, and will only continue over our five-year plan, maintained by each of our profitable business units.. Diversification and a thriving team will drive further success for RED, underpinned by our tenets of targeting the right opportunities and controlled growth.”
The reorganisation of RED Group has since April been shaping the next phase of the business’ growth. Expanded geographical focus – RED East joining the existing London and South West divisions – alongside new entities enabling larger contracts, supply chain certainty, and, with Tailored, a first entry into the luxury hospitality specialism, has put RED Group on the right path for its ambitious five-year strategy.
