Bromsgrove construction group Weaver is celebrating its 140th year with recordbreaking trading.

Turnover for the year to March 31 was £40 million, up over 70 per cent on the previous 12 months.

But it has warned that a lull while firms await who wins the General Election will make it difficult to repeat such an achievement.

According to joint managing director Alan Adamson a combination of factors is responsible for the high-flying figures. He said: "The Design and Build division has had a particularly successful year with, at one stage, 12 major projects running concurrently. As a result, D&B contracts have contributed 60 per cent to the total group turnover."

Several industry sectors have been especially buoyant in 2004/5 including education, with Weaver undertaking new build projects totalling £6 million for local authorities and 15 projects for retail clients, totalling £9 million.

Refurbishment and fit-out projects were also healthy, with additions to the order book during the year including the complete fit- out for Worcestershire County Council, now leasing a 6,500 sq m, three-storey flagship office building, which was also built by Weaver for property and investment group Maximus.

Weaver also completed a major refurbishment project at the Kingfisher Shopping Centre, Redditch, totalling £3 million.

Mr Adamson said: "The figures are a tribute to a great team performance by everyone at Weaver. They ably illustrate that we have managed to consolidate our position in several key sectors via a strong customer base with a large proportion of repeat business, represented by £18 million of turnover last year."

Weaver has expanded its workforce during the year to 150 with several new appointments including six site managers, one contracts manager, a quantity surveyor, estimator, design and build coordinator, IT manager and six support staff.

Mr Adamson said: "As a whole, the construction sector is experiencing healthy growth, although there is a slight slowing in optimism in recent weeks."