AECC developer announces £20.8m profits for first half of the year

The new AECC

Henry Boot Developments, the company behind the new multi-million pound Aberdeen Exhibition & Conference Centre has revealed profit before tax of £20.8m for the first half of the year – up 49% on the previous year.

The company turned over £107.3m, up from £79.2m for the six month period.

Based in Sheffield, Henry Boot Developments has offices in Glasgow, Bristol, London and Manchester. Part of the successful 130-year-old London Stock Exchange listed Henry Boot Group, the Company has had an active year across all regions.

In the next 18 months alone they will commence some £800m worth of projects across the UK.

David Anderson, Managing Director at Henry Boot Developments comments, “Despite the current market uncertainty we are continuing to deliver a wide range of projects which reflects the hard work of our development teams and Joint Venture partners together with our long term approach to projects. We will continue to be very active and are always looking for new development opportunities.”