Features

Stanmore has topped the CN Specialists Index for envelope contractors for the third year in a row. With revenue of £198m, it sits more than £50m ahead of its nearest competitor, Permasteelisa, which posted turnover of £146.2m. Stanmore also enjoyed the highest pre-tax profit in the top 10 – its…

The financial performance of the UK’s top 10 concrete contractors is a mixed bag. While most reported a drop in turnover in their latest accounts, most also managed to improve their bottom line. Collectively, firms in this year’s index reported a 15 per cent jump in pre-tax profit to £97m.…

Morgan Sindall subsidiary Overbury remains the runaway leader in Construction News’ second annual fit-out index, reporting revenue of £1.16bn and a 6.1 per cent pre-tax margin. Across the top 10, eight firms increased sales and boosted their pre-tax profits. Overall revenue rose by 14 per cent to £2.48bn and the…

Scaffolders in the top 10 had a strong, steady year. Overall, total turnover reached £1.35bn, passing the billion-pound milestone for the first time. Total pre-tax profit rose 92 per cent to £124.9m. Altrad UK led once again, pulling further away from the pack with turnover rising 38 per cent to…

Mechanical and electrical (M&E) firms have enjoyed a strong run of late. The 10 biggest specialists in the sector recorded a collective pre-tax profit of £116m based on their most recent audited annual accounts – more than double the figure last year. Aggregate revenue, meanwhile, rose by almost a fifth…

Despite the economic headwinds affecting the industry, total turnover and profit rose in most sectors last year. But is it too soon to celebrate? 

Profit and turnover have fallen among the UK’s biggest constructional steel contractors in the past year amid persistently high labour and energy costs. The top 10 firms in the UK reported a 42 per cent fall in pre-tax profit in their most recent accounts, collectively making £34.1m less. Revenues also…

In a mixed year for ground engineering firms, revenue fell while pre-tax profits rose as companies grappled with the impact of delays in project starts, the Building Safety Act and uncertainty over future workloads. Nine of the  sector’s top 10 businesses were profitable but, in total, revenue fell by £22.8m…

The UK’s largest demolition contractors saw their combined pre-tax profit plunge by more than a third in the past financial year. Turnover for the top 10 combined barely grew, rising from £958.4m to £966m. But despite a 64 per cent profit drop – down from £56.4m to £20.4m – the…

45.5 Construction’s activity rating for August in the latest monthly Purchasing Managers’ Index from S&P Global – any reading below 50 indicates a contraction. Huda As’ad, Accenture’s infrastructure and capital projects lead in the UK and Ireland, said: “The construction sector has been hit by persistent cost pressures and ongoing…