Social housing firm Fortem targets £300m turnover
Social housing firm Fortem targets £300m turnover
Social housing contractor Fortem has set ambitious growth goals for the next three years.
Willmott Dixon-owned Fortem aims to drive up turnover from £205m to £300m by 2028, with a sharp focus on three distinct business streams: repairs and maintenance, capital works and retrofit programmes.
As part of the strategy, Fortem has made significant leadership changes to strengthen its operational focus.
Judy Hegarty has been promoted to deputy managing director, Kat Fidler takes the role of director of operations, and Dan Churton, formerly of Orbit Housing, joins as client solutions director.
Churton’s appointment is seen as a key move to ensure the strategy aligns with evolving social housing sector demands.
The refocused ‘FOR Our Future’ strategy comes with the government pledging significant investment in affordable and social housing, as well as improved energy efficiency in the housing stock by 2030.
Graham Dundas, chief executive officer at Willmott Dixon said: “The social housing market is responding to new legislation and regulations, as well as meeting the needs for significant stock investment.
“Fortem’s new strategy is a statement of intent to be a partner to help councils and housing association navigate these requirements, which is a key strategic goal of the wider Willmott Dixon Group. We look forward to seeing Fortem thrive.”
Chris Tredget, Chief Operating Officer at Fortem said: “This strategy marks an evolution in our processes, efficiency and workstreams.”
Fortem operates with a 1,200-strong workforce servicing 16 local authorities and housing associations, and handling over 350,000 reactive repairs and 4,000 voids upgrades annually.
Last April, Fortem extended its partnership with Birmingham City Council for another two years in a deal worth £170m.
Comments are closed