Concordia delivers its most successful Q1 in 13 years

 

The firm has successfully demonstrated exceptional performance and resilience by building its client base and expanding its footprint.

 
April 12, 2021 IFM
 

Concordia delivers its most successful Q1 in 13 years
 

Dubai-based integrated facilities management company, Concordia, achieved its best Q1 yet. Despite the onset of economic challenges since the beginning of the pandemic, the firm has successfully demonstrated exceptional performance and resilience by building its client base and expanding its footprint.

The exponential growth in quarter one of 2021, which led them to achieve the best results in the history of the company due to major wins in securing multiple contracts for master communities like Jumeirah Park, Jumeirah Village Circle and Living legends along with several high-rise towers added to the recent accomplishments.

In addition, Concordia has successfully diversified its presence within the energy sector. Their most recent efforts included extending its services to one of the new energy power plants in the UAE. Subsequently, venturing into the disinfection business since the beginning of 2020 positively benefited the company by acquiring a high volume of related jobs. All these factors, together, resulted in multi-million long term contracts that are secured for multiple years.

On the customer-relationship front, Concordia has managed to establish a reliable foundation. Contracts retention rates are at their best levels. At a time where many small to mid-size companies were struggling and failing to meet their commitments, the experts at Concordia stepped up their game to fulfil the need of the hour by pushing the Cost v/s Value paradigm. 

Although the current market condition is setting tremendous pressure on the market and the liquidity, Concordia is optimistic that it will rise to the challenge and emerge stronger than ever. They also believe that now more than ever, clients are savvy enough to make more informed decisions while looking after their assets, infrastructure and facilities.

Established in 2007, Concordia offers efficient and reliable integrated facilities management services to multiple properties across Dubai. With over 13 years of experience, a team of more than 1,400 employees apply their expertise across residential and commercial properties in excess of 45,000,000 square feet of assets.

facilities management I energy sector I resilience  

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