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Durham's Banks Group grows turnover amid year of substantial investment


North East housebuilding, mining and property company The Banks Group has increased its turnover and profit in a year of substantial investment.
The Cathedral Meadows show home. Banks Group has now published its results (Image: Banks Group)

North East housebuilding, mining and property company The Banks Group has increased its turnover and profit in a year of substantial investment.

The Durham business has posted its first set of results since selling its renewables division, with figures for 2024 showing turning rose from £26.3m to £27.1m, and overall profit for the year increased from a loss of £7.2m to profit of £11.02m.

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