The Newport headquartered business is expecting revenues to reach £200m next year

Premier Forest Products has reported surging revenues through its strategy of acquisition and organic growth.

Over the last year the Newport headquartered business has made a number of key acquisitions, including timber engineering specialist National Timber Systems and multiple former Arnold Laver sites from National Timber Group England.

These additions have further strengthened Premier Forest’s capabilities across timber distribution, manufacturing, and logistics. The business, one of the UK’s leading independent timber and timber processing groups, said that audited revenues for its last financial to the end of April this year are expected to come in at £125m, while for its current 2026/27 year revenues are expected to rise significantly to £200m.

The company said it has delivered this growth despite continued economic pressure across the sector including fiscal changes, rising operational costs and ongoing geopolitical instability impacting global trade.

Head count has grown from 400 employees to almost 800 across the group following the acquisitions, while the HR function has doubled in size to support workforce development. It has also strengthened its senior leadership team through a series of strategic appointments and promotions, including the promotion of Neil Davies from chief financial officer to chief financial and operating officer.

Alongside commercial performance, Premier Forest said its environmental, social and governance (ESG) commitments are increasingly influencing customer relationships and procurement opportunities.

The business continues to expand programmes around its corporate parenting scheme with a new cohort joining the group in July, its prisoner rehabilitation scheme, military covenant commitments and employment support initiatives, with these projects now forming an important part of major framework discussions and tender opportunities. It also recently expanded banking facilities with HSBC which will support continued investment and ensure the business remains agile for future acquisition opportunities as the market evolves.

Terry Edgell, co-founder and chief executive of Premier Forest Products, said: “The market has remained difficult for many businesses, particularly with ongoing fiscal pressures and the wider impact of geopolitical uncertainty on trading conditions.

Our approach has been to continue investing in infrastructure, in systems, in capability and most importantly in people so we are ready to capitalise when markets strengthen again.

“ESG and social value are no longer secondary conversations, they are central to how major organisations select partners. What’s important for us is that these initiatives are authentic and embedded into the culture of the business, not simply box-ticking exercises.

“We’ve built strong momentum over the last year, but ultimately our success comes down to our people. It is the talent within the organisation that drives Premier Forest forward.”

Mr Davies said: “Premier Forest has continued to evolve rapidly, with the business delivering significant growth over the last year through strategic acquisitions, expansion across key markets, and continued investment throughout the group. This progress has further strengthened our market position and created a broader, more resilient platform for future development.

The next 12 months will be an important period for the business as we continue integrating our recent acquisitions, strengthening operations across the group, and building on the momentum we have created.

“With a growing national presence, an expanding customer base, and continued focus on operational excellence, the business is well positioned to support further sustainable long-term growth.”