Celebrating a Year of Growth

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19.03.2019, 10:53

Celebrating a Year of Growth

London-based hospitality company Vacherin reports turnover increased 33 per cent to £26.2 million in its second full year under a new management structure.

Phil Roker is thrilled by his company's recent performance.
Phil Roker is thrilled by his company’s recent performance.

Since the start of its fiscal year in September, the company has also secured £4 million of new contracts with the Royal College of Pathologists in Aldgate and a global advisory firm in Victoria, adding to eight contracts announced last year with a total value in excess of £2.6 million.


Commenting on the results, Phil Roker, Vacherin managing director, said:


“We are thrilled with these results. The head office appointments we’ve made have enabled us to remain committed to our clients and core values, while benefitting from consistent growth. Our other key performance measures including contract and staff retention, turnover and cash generation remain extremely robust.”

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Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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