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ISG hails ‘resilience’ after covid-19 hits bottom line

25% of ISG’s workforce is female. Harriet Wade, ISG. Image: ISG / paulboxphoto@gmail.com please credit paulbox©
25% of ISG’s workforce is female. Harriet Wade, ISG. Image: ISG / [email protected] please credit paulbox©

ISG has hailed its “resilient” financial performance, after its revenue dropped by £600m to £2bn in 2020 and pre-tax profit fell to £8.9m, down from £44.2m the year before.

While the firm grappled with “one of the most challenging years for our industry”, it nonetheless built up a record £1.5bn order book (up from £1.4bn the year before) and has managed to remain free of debt.

The business developed a best practice app shared with Build UK at the height of the covid-19 pandemic and managed to return to near-normal levels of productivity, as well as reaching its highest level of customer satisfaction scores, at 89%. It also became the Sunday Times’ 17th ‘best big company to work for’ during the year.

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