Infrastructure and housing contractor United Living Group is looking to expand further as it posted a record set of results.

The group bought social housing property services contractor Pilon last week and is looking to make further acquisitions.

Latest results for the eight-month period ended 31 March 2024 show turnover up to £627.2m from £534.2m last time as pre-tax profits rose to £31m from £28.6m.

New contracts worth £900m were landed during the period and United had a secured order book of £3.4bn

Neil Armstrong, Chairman and CEO of United Living Group said: “The Group is benefitting from the many opportunities in the well-established infrastructure and property sectors.

“In the infrastructure sector, these come from network upgrades, and new infrastructure required for hydrogen and Carbon Capture, Utilisation and Storage, and the related decarbonisation of heat, AMP8 in the water sector, and the continued rollout of 5G across the UK in the telecoms sector.

“New property regulatory requirements relating to building safety, damp and mould and net zero are driving an increase in the requirement for property services to improve the conditions of existing housing stock and demand for new, affordable homes is increasing to align with the Government’s targets.

“United Living is well positioned to continue its strong organic growth and add value through strategic acquisitions which are complementary to our existing activities.”