Stockton's IES Ltd targets strong growth in 2015 following new funding


Stockton-based major cabling contractor IES Instrumentation Electrical Services has secured financial support from Santander Corporate & Commercial which will allow it to target further continued growth in 2015. The company, which boasts a number of major international clients including Balfour Beatty, Carillon and EDF Energy, has won a number of large offshore contracts thanks to Santander's backing and bosses have been able to invest significantly in specialist training and equipment, resulting in the firm increasing turnover 30% year-on-year along with increases in net profit. Robbie Peacock, Relationship Director, Santander Corporate & Commercial, said: 'IES' has succeeded because of the very high standard of work and service the firm delivers to its clients. The firm is looking to secure further high profile contracts, and I'm sure that John and the team will succeed in meeting their aspirations. I'm delighted that Santander is able to be part of the firm's ongoing success.'


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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