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Novus on course to exceed growth targets following a spate of contract wins

Novus Property Solutions has reported ending the summer on a high having secured more than £23 million in new business in August and September.

The news comes just three months after the national build, maintenance and compliance contractor welcomed its new CEO, industry veteran Steve Davies, and just six months after the the company announced ambitious growth targets for the next five years. Following this spate of contract wins, Novus says it is “on-course to achieve and even exceed its goals”.

The bulk of the work has been secured through Novus’ core Maintain service, with some significant wins for the company’s Assure service too, with work set to take place across the country, from Scotland to the South East. In addition to impressive individual contract wins, the business has been appointed to five new frameworks during this period.

Commenting on a successful summer, Novus Property Solutions’ CEO, Steve Davies, said: “Novus has a strong reputation for its service, but when I joined the company it was obvious that there were vast reserves of untapped potential for growth within the business.

“We took some strategic decisions to focus on key business areas – creating the Maintain, Assure, and Projects services – and to concentrate our expertise on particular sectors, mainly housing, education, and healthcare. An important part of the strategy is to put our energies into securing higher value, longer term contracts that would offer better returns while maintaining ongoing relationships with our highly valued existing clients.

“The contracts we have secured in August and September are proof that this approach is already bearing fruit, and provides us with a solid foundation to build on across the next five years.”

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