Founded as a housebuilder in 1897, Wates now undertakes a range of big construction and outfitting projects, such as the steps of St Paul’s Cathedral. Other customers include retailers Waitrose and Marks & Spencer, which contracted Wates to fit out its new Simply Food stores for a reported £20m. The company’s profits have grown 60% a year from £2.8m in 2000 to £11.3m in 2003.
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