Osborne Ranks in Top 20 Suppliers for Network Rail
Network Rail has revealed Osborne sits at number 17 within its list of top 20 suppliers for 2016/17.
At the top of the list, compiled by Network Rail, sits a number of familiar names in construction and engineering.
The top 20 suppliers shared out £3.69bn, up from £3.1bn previously, which accounted for half of Network Rail’s supplier spend.
Earlier this year, Osborne reported that 2016/17 saw another solid set of results with PBT up 19% at £3.6m with marginally increased sales at £348m.
Their secured work is up 4% at £461m (2016 – £445m). Aligned to this robust set of results is a further continuing improving safety performance with AFR down to 0.15 (2016 – 0.17) and consistency in their people retention at 87%.
Andy Steele, Group Chief Executive, said:
“I am confident that for a learning and agile organisation like Osborne, the challenging rate of change our industry is experiencing will provide exciting opportunities for us to deliver improving efficiencies to support our customer’s success and grow new revenues.”