{"id":856570,"date":"2025-06-19T09:11:43","date_gmt":"2025-06-19T14:11:43","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/19\/sector-uncertainty-causes-31-profit-fall-for-envelope-firm\/"},"modified":"2025-06-19T09:11:43","modified_gmt":"2025-06-19T14:11:43","slug":"sector-uncertainty-causes-31-profit-fall-for-envelope-firm","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/19\/sector-uncertainty-causes-31-profit-fall-for-envelope-firm\/","title":{"rendered":"Sector \u2018uncertainty\u2019 causes 31% profit fall for envelope firm"},"content":{"rendered":"
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Envelope specialist CA Group has seen its profit slide by nearly a third amid market \u201cuncertainty\u201d, according to its annual accounts.<\/span><\/p>\n

The County Durham-based firm posted a pre-tax profit of \u00a37.8m for the year to 30 September 2024, down from \u00a311.4m in 2023.<\/span><\/p>\n

The latest profit was derived from a turnover of \u00a388.8m \u2013 down from \u00a3117.2m in 2023.<\/span><\/p>\n

CA Group\u2019s margin narrowed from 9.7 per cent to 8.8 per cent.<\/span><\/p>\n

However, it increased its cash reserves from \u00a317.3m to \u00a321.7m and held no external bank loans.<\/span><\/p>\n

The firm paid out an interim dividend of \u00a38m during the year, down from \u00a314m in 2023.<\/span><\/p>\n

The fall in turnover in the latest accounts followed three consecutive years of revenue and profit growth.<\/span><\/p>\n

After posting \u00a357.8m in 2020, turnover rose to \u00a377.6m in 2021 and \u00a3107.5m in 2022.<\/span><\/p>\n

Similarly, a pre-tax profit of \u00a33m in 2020 grew to \u00a35m the following year and \u00a37m in 2022.<\/span><\/p>\n

In its latest accounts, the firm cited \u201cuncertainty in the construction markets\u201d as its principal business risk.<\/span><\/p>\n

Nonetheless, CA Group, which designs, manufactures, supplies and installs industrial roofing and cladding systems, improved its cash position by 25 per cent to \u00a321.7m.<\/span><\/p>\n

And with future expansion in mind, in March this year the group bought more than 44,000sq ft of extra warehouse and office facilities at All Saints Industrial Estate in Shildon, about six miles from its headquarters in Evenwood.<\/span><\/p>\n

\u201cThis investment further cements CA Group\u2019s long-term aspirations, and provides excellent opportunities for further improving operational performance and capacity,\u201d it said at the time.<\/span><\/p>\n

CA Group ranked fifth in<\/span> Construction News<\/span><\/i>\u2019 most recent Specialists Index for envelope contractors<\/span><\/a>.<\/span><\/p>\n

The company noted in its latest accounts that it had reduced its headcount by nine to 219, with jobs lost in its manufacturing and contracting businesses.<\/span><\/p>\n

Despite this, managing director Neil Alderson said the firm \u201ccontinues to recruit new employees who will add to the development of the business\u201d.<\/span><\/p>\n<\/div>\n

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At CN Intelligence you can view and filter seven years\u2019 worth of detailed financial information on the top UK construction firms via our interactive dashboards. Access in-depth written analysis of the numbers along with targeted data and analysis on specialist contractors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Related Articles<\/h3>\n<\/p>\n<\/section>\n<\/div>\n

Read More<\/a>
\n Matthew Davies<\/p>\n","protected":false},"excerpt":{"rendered":"

Envelope specialist CA Group has seen its profit slide by nearly a third amid market \u201cuncertainty\u201d, according to its annual accounts. The County Durham-based firm posted a pre-tax profit of \u00a37.8m for the year to 30 September 2024, down from \u00a311.4m in 2023. The latest profit was derived from a turnover of \u00a388.8m \u2013 down<\/p>\n","protected":false},"author":1,"featured_media":856571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23260,28070],"tags":[],"class_list":{"0":"post-856570","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sector","8":"category-uncertainty"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=856570"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/856571"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=856570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=856570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=856570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}