Connecting and growing our communities.
QUALITY Roading and Services has continued to perform strongly despite a year of worldwide change and turbulence, says board chair Guy Gaddum.
“QRS’s ability to chart a course through these historic times has been tested, but it has continued to be a company that connects and grows the Wairoa community, and a company locals can be proud of.”
In the financial year ending June 2022, QRS generated over $18 million in revenue. It made a pre-tax profit of $1.38 million and gave $250,000 to its shareholder Wairoa District Council.
QRS made a $119,289 contribution to the community in sponsorship and donated work hours.
“Like the rest of the world we continued to face challenges, but QRS and its people have performed exceptionally well,” says Mr Gaddum.
“We close out the year with a healthy balance sheet and the ability to better withstand the uncertainty that businesses face.”
Mr Gaddum says the continued success is underpinned by the effort of all staff including project and contract managers who helped set the company’s business plans, goals, and budget.
“Those managers and their staff have shown dedication and commitment to deliver enhanced performance for the company ensuring that the regional economy continues to thrive.”
Mr Gaddum highlighted the extraordinary efforts of staff to get the town open and moving again after significant flooding events during the year. “We’ve been hammered by rain and there’s always a mess to clean up afterwards. This winter our road crews have been hard at work and I want to publicly thank them for their commitment often under trying situations.”
Chief executive Jeremy Harker has been in the role for just over a year. He says at times the challenges of the global pandemic and dramatic weather events have made work difficult and uncomfortable.
“But throughout these situations, staff have taken great pride in the work they do to restore roading infrastructure.”
In his presentation to Wairoa District Council earlier this month Mr Harker told councillors there are many reasons to be confident about QRS’s prospects.
This year saw production efficiencies with the creation of a traffic management division and a concrete batching service. Looking to the future QRS has an eye toward identifying other complementary business opportunities in Wairoa and the North Island.
Meanwhile, empowering local staff continues to be a focus, says Mr Harker. “We’re proud to offer programmes and resources that support our staff including professional development and personal growth opportunities, train-as-you-work options, and leadership courses.”
“It’s an exciting time to be part of QRS.”
16 November 2022
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