We are pleased to share our Annual Report and Accounts for 2019.
Our Annual Report provides more detail on our new purpose-led strategy and further explores our 2019 year-end results which confirm another period of strong growth and advancement against the targets in our strategic plan.
2019 was the first year of our new purpose-led strategy. We underpinned our purpose statement “a positive impact on everything we touch” with our Positive Impact Plan 2025 – which marks the next step in our evolution towards a sustainable future, creating a legacy that supports us with making a meaningful difference to our people, our business, and the communities and environment in which we work and live. Since its launch in March 2019 the Plan has seen strong engagement and adoption by our people. Further to this it has been very well received by external stakeholders. The strength of our purpose-led approach is something that we will continue to build on through 2020 and beyond.
2019 was a positive year for nmcn, with a significant rise of revenue by 19% to £404.66m and an increase in profit by 24% to £7.44m for the year ending December 31 2019. The cash position remains positive, with a year-end balance of £25.8m.
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