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Having recognised an opportunity to strengthen and streamline operations , Andy and his team restructured the entire company , condensing 20 units down to just four principal divisions : Civils , Living and Build , and Homes by Esh .
“ I considered my long-term vision and created a plan to redesign our business model ,” he details . “ The problem wasn ’ t any particular sector , but the business model itself . Alongside a series of subsidiary disposals , we merged and rationalised several operating units , developing a balanced portfolio across cyclical , counter cyclical , and noncyclical construction .
“ Our aim is to smooth out the inevitable rollercoaster ride – the boom and the bust – that construction companies experience in terms of revenue . As a successfully restructured company , we stood in a great position to weather the storms of the pandemic and rising inflation , experiencing a stable stream of revenue rather than peaks and troughs .
“ While our offering to the private development market remains strong , we ’ ve grown our counter cyclical position , largely through an increased presence in the social housing market , as well as our noncyclical revenue . We refer to non-cyclical as recession-proof revenue because these
Our aim is to smooth out the inevitable rollercoaster ride – the boom and the bust – that construction companies experience in terms of revenue
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