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A Dazzling Performance from Pareto

13.01.2020, 18:33

A Dazzling Performance from Pareto

UK facility and engineering services challenger Pareto FM has reported a fifth consecutive year of revenue growth.

In the 12 months to September 2019 the company increased turnover to £14.1 million, 55 per cent of which was achieved from organic growth (beating the figure of 50 per cent set in fiscal year 2018).

Pareto is forecasting a further 25 per cent growth over the next year.

Founded by Andrew Hulbert in 2014, the service provider has recently been awarded a string of high-profile contracts by Design Museum, Deliveroo, co-working space collective The Wing, and the Royal College of Pathologists.

Hulbert says:

“After five years we’ve cemented our position as one of the major players within the Workplace and Facilities services sector. We’re also thrilled to have been tagged as the ‘positive disruptor’ to the FM sector.

“The sector is waking up to the fact that there is an alternative to the rigid, outdated, large scale providers. There absolutely is a place for niche SME providers within this sector and we passionately believe they are best placed to serve the clients needs most attentively.

“We still absolutely love what we do and feel like we’re just getting started. We continue to be ambitious in FY6 and look forward to continuing to transform the sector one contract at a time.” 

CAMFIL HVAC Filtration Solutions

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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