The company’s trading update also shows that earnings before tax are ahead of market expectations.
The strengthened order book at Fulcrum includes notable contract wins of a £1.4 million, two kilometre gas pipeline in the North East of England and a £1.0 million contract to install high voltage electricity cabling to a hospital development in the West Midlands.
Fulcrum has also made progress winning multi-utility infrastructure contracts in the domestic housing market.
Yearly growth has seen the company increase its first profit of £0.6m in 2015 to £4.3m in the year ending March 2016
A recent announcement also revealed that Fulcrum will adopt, own and operate domestic metres from October and is pursuing full accreditation to extend meter ownership to include industrial and commercial applications.
Martin Donnachie, chief executive of Fulcrum, said: “Fulcrum continues to deliver on its strategy and further strengthen its offering.
“With the sustained growth in EBITDA and cash generation, diversifying into meter asset management and our significant and diverse contract wins, we continue to move forward with confidence for the future.”
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