John Homer reveals to Construction News, how his ambitious five-year targets will be met.
“I was the school times-tables champion,” says John Homer as he takes us through the North Midland Construction’s balance sheet. “I’m a maths nerd.”
And it’s a good job he is. Since joining the group as chief executive in June last year, Mr Homer has been tasked with one particularly challenging number-crunching exercise.
Despite a 15 per cent rise in group turnover alongside overall operating profit of £2.2m in 2016, the firm’s utilities arm haemorrhaged £2.6m last year – having made a £2.1m operating loss the year before.
However, following major upheaval to address the bottom line, Mr Homer is now leading the Nottinghamshire-based group towards achieving its ambitious target of a 5 per cent operating margin within five years.
Sitting down with Construction News over coffee, he explains how investing in technology, innovation and – most importantly – people is central to the group’s plans to accelerate its business.
To read the full Construction News interview, click here