Episode

John Heaney Electrical Surpasses £1M Profit

Podcast
Edinburgh News Today | 2 Min News | The Daily News Now!
Published
May 30, 2026
Duration seconds
106
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Summary

John Heaney Electrical just smashed its profit target, hitting over one million pounds for the year ending December 2025 — thanks to loyal customers and big new contracts. Revenue dipped slightly to 9.5 million, but their core electrical division brought in 6.4 million, while other divisions kept things strong. Cash reserves remain healthy at seven figures, even after buying back shares from retiring directors. EBITDA stayed steady at around one million. Managing Director Mark Heaney praised his team for maintaining strong margins and cash flow, despite not hitting last year’s revenue. With three new directors joining in 2025 and plans to hire electrical apprentices in Q3, the company is gearing up for strategic growth — even as staffing dips from retirements are expected to rebound with rising orders. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/8d71397badb9d43a