{"id":845218,"date":"2025-05-02T09:11:51","date_gmt":"2025-05-02T14:11:51","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/02\/tilbury-douglas-boosts-margin-to-2-1-as-profits-double\/"},"modified":"2025-05-02T09:11:51","modified_gmt":"2025-05-02T14:11:51","slug":"tilbury-douglas-boosts-margin-to-2-1-as-profits-double","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/02\/tilbury-douglas-boosts-margin-to-2-1-as-profits-double\/","title":{"rendered":"Tilbury Douglas boosts margin to 2.1% as profits double"},"content":{"rendered":"
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In 2024, the contractor increased revenue by 7% to \u00a3542m but made a bigger leap in profitability, with operating profit jumping from \u00a33.8m to \u00a311.5m, lifting its margin from 0.7% to 2.1%.<\/p>\n

That shift marks a key milestone for the group in only its second full year as an independent business, driven by stronger performances in building, fit-out and engineering. Infrastructure also saw big gains after a turnaround year.<\/p>\n

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Tilbury Douglas secured over \u00a3637m of new work during the year and ended with a \u00a31.26bn forward order book, rising to \u00a31.32bn by March.<\/p>\n

This covers the 2025 revenue target and 69% of 2026\u2019s.<\/p>\n

Chief executive Craig Tatton said: \u201cTilbury Douglas continues to enjoy improving performance, which brings financial and business stability.<\/p>\n

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\u201cWith a robust long-term order book, a strategy well-aligned to national needs, and talented people and suppliers, our group has a strong platform to continue delivering great projects for our valued customers.\u201d<\/p>\n

Projects in education, health, justice, defence and water now make up over 90% of revenue. Key 2025 wins include new schools, prison jobs, and the Barbican renewal.<\/p>\n

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Read More<\/a>
\n Aaron Morby<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2024, the contractor increased revenue by 7% to \u00a3542m but made a bigger leap in profitability, with operating profit jumping from \u00a33.8m to \u00a311.5m, lifting its margin from 0.7% to 2.1%. That shift marks a key milestone for the group in only its second full year as an independent business, driven by stronger performances<\/p>\n","protected":false},"author":1,"featured_media":845219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4211,101170],"tags":[],"class_list":{"0":"post-845218","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-douglas","8":"category-tilbury"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/845218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=845218"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/845218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/845219"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=845218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=845218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=845218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}