en.Wedoany.com Reported - UK mechanical and electrical engineering contractor Phoenix ME announced on July 1, 2026, that its order book has reached a record high of £800 million, covering the next four years of work. The company expects its turnover for the current fiscal year to reach £400 million. In the previous fiscal year (ending September 2025), the company's turnover increased by 8% year-on-year to £319 million, while pre-tax profit surged 55% to £16.6 million.

Phoenix ME is a mechanical and electrical (M&E) specialist contractor headquartered in East London, primarily providing mechanical and electrical system installation services for construction projects. Its workforce increased from 420 to 469 employees. According to industry rankings published by Building magazine in 2025, Phoenix ME ranked seventh among M&E contractors.

The company's performance growth has benefited from the gradual resolution of the impact caused by the collapse of ISG. ISG, a major UK main contractor, entered administration in September 2024. As a result, Phoenix ME recorded related bad debt losses in its 2024 financial report. In 2025, the company's turnover surged 74% year-on-year to £295 million.

The company stated that it is actively expanding its business in the European market. Revenue from Europe in the previous fiscal year was £3.5 million, and the company expects this figure to grow further. Phoenix ME said, "We are actively seeking new business opportunities across Europe, including Finland and Austria, with related operations expected to commence within 2026 as part of our European growth strategy."

The record-high order book and significant profit growth mark Phoenix ME's recovery momentum after the industry shock of ISG's collapse, with the company further expanding its business footprint through European market expansion.