Tilbury Douglas celebrates continued growth
The group closed 2024 with a forward order book value exceeding £1.26 billion, increasing to £1.32 billion by the end of March this year,
The group closed 2024 with a forward order book value exceeding £1.26 billion, increasing to £1.32 billion by the end of March this year,
Morgan Sindall’s Construction business is also supported by a growing high-quality order book as well as work at the preferred bidder stage.
Caddick’s orderbook is strong with a secured work value of just under £500 million.
Renaker’s operating profit was also strengthened during the period to £6 million, compared to £4.8 million the year before.
Operating margin also strengthened to 5.6 per cent, reflecting a solid commercial and operating performance.
Kilnbridge transitioned to an Employee-Owned Trust in 2021, when Owen Dannatt was also appointed CEO, taking over from Dermot McDermott.
Performance of its UK operations is likely to be impacted in 2025 after more than 40 projects could potentially be pushed back to next year.
Costain has already secured around 80 per cent of its forecast revenue for FY2025, with bidding activity remaining high.
Strong operational delivery across Infrastructure Services and Construction.
Geotechnical specialist contractor Keller Group said it delivered another “outstanding” set of results ahead of expectations, in its latest financial results.