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The Bromsgrove-based builder and developer posted revenue of £140m for the year to December 2025, up from £100m, while pre-tax profit climbed 27%.
Growth has been powered by resurgent demand for warehouse and distribution schemes.
Cash generation remained a standout, with reserves jumping to £54.4m from £37.4m, giving the business a major advantage when bidding for new work and managing market volatility.
Operating profit rose to £8.9m, as Benniman maintained margins despite ongoing inflationary pressure and supply chain risks.
The balance sheet strengthened further, with net assets up to £28.9m and a solid current ratio of 1.67.
Directors said momentum accelerated into the back end of the year, with a string of contract wins secured late in 2025 and into early 2026.
Managing director Steven Smith said: “We are pleased to report that there has been an upturn in activity during 2025, having signed a number of new contracts during Q4 2025 and Q1 2026, and further contracts being agreed, resulting in a projected 20% increase in turnover for the coming financial year.”