Coffey is a leading water infrastructure and civil engineering specialist with operations across Ireland and the UK and has just announced financial results for the year ending 31 December 2023. The company’s performance showcases impressive growth coupled with its steadfast commitment to delivering quality projects and services.
Financial Highlights:
- Coffey’s group turnover soared by 21% year-on-year to €114.46 million, up from €94.5 million in 2022
- Turnover in the Republic of Ireland climbed 20% to €104.22 million
- The company’s UK operations witnessed a remarkable 36% increase in turnover to €10.24 million
- Growth was driven by rising demand for Coffey’s modular water and wastewater treatment solutions from Coftec
This outstanding financial performance demonstrates Coffey’s dedication to delivering exceptional services while upholding the highest standards of quality and safety. We prioritise utilising our own extensively trained staff and tradespeople, ensuring rigorous competence through integrated management systems that meet stringent international certifications such as ISO 45001, ISO 14001, ISO 44001, ISO 9001, and ISO 50001.
Coffey’s diverse portfolio of services across water infrastructure, civil engineering, road and bridge construction, renewable energy projects, and specialised engineering techniques has allowed the company to position itself as a comprehensive solution provider. Whether designing, building, or operating water and wastewater treatment plants, executing utilities projects, or undertaking design and construct contracts, we have the expertise to deliver.
According to Odran Madden, Coffey’s Managing Director, the company’s success stems from its team’s commitment to excellence and its resolute focus on safety and quality. “By prioritising the use of our highly trained staff and adhering to the highest international standards, we ensure exceptional project delivery for our clients,” Madden remarked.
In the Republic of Ireland, Coffey secured several significant infrastructure projects, fuelling a 20% rise in its turnover. The UK market also witnessed substantial growth, with turnover climbing 36% as the company strengthened its market position through strategic project wins.
Looking ahead, Coffey plans to continue investing in its capabilities to drive sustainable growth while creating value for its customers, communities, and stakeholders. The company is particularly excited about the continued development and market expansion of Coftec’s modular water and wastewater treatment solutions, further enhancing its ability to meet clients’ evolving needs.
With a heritage spanning nearly 50 years, Coffey’s impressive financial results and steadfast commitment to quality solidify the company’s position as a leader in water infrastructure and civil engineering across Ireland and the UK.
Contact:
Odran Madden,
Managing Director,
Coffey,
Moanbaun,
Athenry,
Co. Galway, H65 Y078
T: +353 91 844356
E: info@coffeygroup.com
W: www.coffeygroup.com
About Coffey
Coffey was established in 1974 and has been delivering quality projects, on time and within budget for 50 years. The hallmarks of our contracts are innovative solutions, engineering ingenuity, professional construction management and a commitment to helping our clients achieve competitive advantage through an analytical and innovative approach to design and construction. Coffey employ high calibre people from a broad skills base and our success is built on those individuals leveraging their skills and experience to deliver on the requirements for each project.
