profit

CREDIT: Richard Southall Tide Construction has seen its pre-tax profit plunge by almost a third, according to its latest accounts. It is the second year running the London-based company, which specialises in building high-density residential schemes using modular methods, has reported a drop. In its accounts for the year ending 31 August 2024, Tide’s pre-tax

Profits have surged by almost 50 per cent at HG Construction following a major corporate restructure and a strategic turnaround to prioritise consolidation over growth. Pre-tax profit at the Hertfordshire-based contractor rose from £6.4m to £9.5m last year, while turnover dipped from a record £424m to £387m, according to the firm’s latest financial results. Its

Pre-tax profit has risen by 18 per cent at Dorset builder CG Fry & Son on the back of a bumper increase in turnover in its contracting arm. The Dorchester-based company, which operates as both a contractor and residential developer, said a strong financial and operational performance last year had left it well positioned for

Profit has dropped by over two fifths at roofing specialist BriggsAmasco after a number of project delays. The latest financial results for the Sandwell-based firm show that pre-tax profit before exceptional items fell last year from £5.3m to £3m on turnover that declined from £44m to £37m, a drop of almost 16 per cent. However

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Tier one contractor Wates posted record annual turnover last year although its statutory pre-tax profit nosedived, its latest accounts show. The firm – ranked 7th in last year’s CN100 index of top UK contractors – saw its revenue (excluding joint ventures) rise by 9.2 per cent from £2.1bn to £2.3bn for the year to 31

Ferrovial’s UK contracting arm has almost tripled its pre-tax profit after its revenue exceeded £500m for the second year running.  The London-based subsidiary of the Spanish conglomerate recorded a pre-tax profit of £14.1m in the year to 31 December 2024, compared with £5.5m the year before.  Turnover at Ferrovial Construction (UK) rose by 1 per

Pre-tax profit at Multiplex Construction Europe fell by more than a third last year although turnover grew by 16 per cent, according to the contractor’s latest annual accounts. It made a pre-tax profit of £19.6m for the year to 31 December 2024, down by 37 per cent on the previous year’s £31m. In his strategic