{"id":534862,"date":"2026-01-12T09:25:53","date_gmt":"2026-01-12T09:25:53","guid":{"rendered":"https:\/\/www.constructionnews.co.uk\/?p=534862"},"modified":"2026-01-12T09:25:53","modified_gmt":"2026-01-12T09:25:53","slug":"10-companies-to-watch-in-2026","status":"publish","type":"post","link":"https:\/\/www.constructionnews.co.uk\/sections\/long-reads\/features\/10-companies-to-watch-in-2026-12-01-2026\/","title":{"rendered":"10 companies to watch in 2026"},"content":{"rendered":"

Sisk\/Farrans<\/h3>\n

\"\"<\/p>\n

Sisk\u2019s swoop for Belfast-based Farrans was one of the industry\u2019s biggest deals last year. Observers saw it as an opportunity for the firm to capitalise on the government\u2019s 10-year plan to spend \u00a3725bn on infrastructure. Chief executive Paul Brown said the acquisition represented a significant opportunity to capitalise on the \u201cgrowing aviation, energy, water and utility sector markets\u201d.<\/p>\n

His company has not inherited a business in the rudest of health: in its latest accounts, Farrans\u2019 profit more than halved to \u00a33.3m and turnover dropped by a quarter to \u00a3382.4m. It had been up for sale for three years before previous owner CRH secured a deal.<\/p>\n

Sisk, however, turned a \u00a39.7m pre-tax loss in 2023 into a \u00a36m profit in 2024, and has since picked up flagship work like the estimated \u00a3149m build of a cancer centre at Great Ormond Street.<\/p>\n

\n

Mace<\/h3>\n

\"\"<\/p>\n

One eye-catching deal last year was Mace\u2019s sale of 75 per cent of its global consulting business to one of the world\u2019s largest investment banks, Goldman Sachs. Mace Consult, which has about 5,200 staff, is now operating as a standalone independent business. However, Mace chair Mark Reynolds and chief executive Jason Millett have each retained minority stakes in Mace Consult and will work with Goldman Sachs.<\/p>\n

The consultancy firm appears to have its eye on North America, as its boss, Davendra Dabasia, has talked about \u201cscaling up at pace\u201d on the other side of the Atlantic. Reynolds said the move was about \u201cenabling the next phase of growth\u201d for Mace Consult.<\/p>\n

Goldman Sachs will be hoping the purchase proves more successful than its last major investment in a UK built-environment business. The bank ploughed millions into modular housebuilder TopHat before the failing contractor finally threw in the towel in October 2024, blaming a \u201cchallenging market\u201d.<\/p>\n<\/div>\n

McLaren<\/h3>\n

\"\"<\/p>\n

Since its formation in 2001, McLaren has grown to become a major tier one player, ranked 25th in the latest CN100. But the group has yet to break the landmark \u00a31bn turnover barrier.<\/p>\n

In the London-based contractor\u2019s latest accounts for the year to 31 July 2024, it reported \u00a3924m in revenue. Three-quarters of the contractor\u2019s 2023\/24 revenue came from repeat clients such as Landsec, British Land and Argent. Boss Paul Heather said that he expected the firm to hit its target of \u00a31bn in the firm\u2019s 2024\/25 results, expected this year.<\/p>\n

Heather will have been cheered by major deals last year such as the \u00a3280m Cardiff Arena scheme and a \u00a3100m retrofit for the London School of Economics. He has also targeted data centres as a growth sector, and with the firm\u2019s long history of industrial and logistics projects, it looks well placed to capitalise on AI-driven demand.<\/p>\n

\n

Bouygues UK<\/h3>\n

\"Architect<\/p>\n

Bouygues continued to languish in the red in its latest full-year accounts, posting a pre-tax loss of \u00a332.3m for the year to the end of 2024. The French-owned firm has blamed building-safety liabilities, labour shortages and global geopolitical challenges.<\/p>\n

However, Bouygues UK finance director Thibaut Roux offered a note of optimism when the company reported its numbers, saying its strategy should \u201cprovide foundations for improved results in future years\u201d. Philippe Bernard, who took over as
\nchief executive in December 2024, added that a \u201cselective approach\u201d to bidding was having a \u201cpositive impact\u201d.<\/p>\n

In the second half of last year, Bouygues UK picked up a slew of promising jobs including a project to build the East of England\u2019s first specialist children\u2019s hospital and the \u00a351m redevelopment of a west London college.<\/p>\n<\/div>\n

Vistry<\/h3>\n

\"\"<\/p>\n

Housebuilder Vistry has endured a humbling 18 months or so. The firm\u2019s problems started when build-cost errors were identified at its South division, which led to a string of profit warnings and a management restructure. Its share price fell off a cliff in September 2024 – which caused it to drop out of the FTSE100 – and has yet to recover. However, Vistry has been making more optimistic noises of late and appears well-placed to capitalise on the government\u2019s major backing of affordable housing.<\/p>\n

The firm\u2019s pivot towards a \u201cpartnership model\u201d in 2023, involving jobs for housing associations, councils and institutional landlords, means it is less reliant on the more volatile private market. But with many large housing associations dialling down their development ambitions in the face of financial challenges, rich rewards are not guaranteed.<\/p>\n

Yet with industry veteran Greg Fitzgerald at the helm and a government desperate to hit its 1.5 million new-homes target, the long-term fundamentals would appear strong for Vistry.<\/p>\n

\n

Sir Robert McAlpine<\/h3>\n

\"\"<\/p>\n

Like a number of its tier one counterparts, Sir Robert McAlpine (SRM) has endured a bumpy ride in the past few years amid a difficult macroeconomic climate. The Hertfordshire-based group recorded a \u00a3102.6m pre-tax loss in its 2022-23 financial year, partly because it was forced to devalue four major contracts.<\/p>\n

However, things improved the following year, with accounts for its holding company showing a return to profit, totalling \u00a354.8m. During this time, the group has carried out a major internal overhaul, stepping up its focus on three core sectors and a trimming its board. Chief executive Neil Martin has suggested the shake-up is now bearing fruit.<\/p>\n

As well as a boost to the bottom line, the firm\u2019s cash position also improved. Other promising signs have emerged, as SRM topped CN<\/em>\u2019s monthly contractor league table contractor league table in October for the first time in seven years. Could 2026 see further gains at one of the UK\u2019s oldest contractors?<\/p>\n<\/div>\n

Galliford Try<\/h3>\n

\"\"<\/p>\n

The tier one contractor is on an upward trajectory after more than doubling its pre-tax profit to \u00a344.1m in its latest full-year results. Galliford Try was helped by a fifth consecutive year of revenue growth, as it nears the \u00a32bn barrier.<\/p>\n

In September, the group\u2019s share price hit a new high, returning the firm to the FTSE 250. The business has benefited from a healthy pipeline of infrastructure work, which boss Bill Hocking expects will make up about half of its contracts this financial year. In October, it was among 30 firms to be named on a Wessex Water framework. The month before, it was awarded a \u00a330m contract to build a drivetrain testing facility for the Offshore Renewable Energy Catapult in Northumberland.<\/p>\n

With the government\u2019s 10-year pipeline of infrastructure work now published, Galliford Try\u2019s purple patch looks set to continue.<\/p>\n

\n

Overbury<\/h3>\n

\"\"<\/p>\n

Overbury is riding a wave in demand post-Covid. Amid shifting requirements in the office sector, fit-out specialists have benefited, with Overbury appointed to refurbish a London office tower for US bank Citi that is set to cost a whopping \u00a31.1bn.<\/p>\n

The Morgan Sindall subsidiary\u2018s buoyant performance contributed to the wider group\u2019s optimism in 2025, prompting three uplifts to its full-year forecast.<\/p>\n

London-based Overbury\u2019s work focuses on office, higher education and science facilities across England and Scotland. As well as fit-out, it offers design and build services for new offices, although this market has been subdued in general.<\/p>\n

Morgan Sindall\u2019s fit-out division, which includes Morgan Lovell as well as Overbury, had a \u00a31.6bn order book in the autumn, illustrating the bright outlook for this year.<\/p>\n<\/div>\n

Limak<\/h3>\n

\"CGI<\/p>\n

The Turkish contractor made its UK debut last year after scoring with a contract to deliver a 25,000-capacity stadium
\nfor Luton Town Football Club. The new arena, expected to be open for the 2028-29 season, will replace the Hatters\u2019 Kenilworth Road ground, where they have played since 1905.<\/p>\n

Luton said it chose Limak based on its 50-year history of delivering complex projects. The club must surely also have been attracted by firm\u2019s work on the redevelopment of FC Barcelona\u2019s Spotify Camp Nou.<\/p>\n

With a number of major football stadium projects yet to have a confirmed contractor, will we see more clubs turning to Limak? And will it be tempted by UK airport construction work, given its extensive experience of the sector elsewhere in Europe?<\/p>\n

\n

Graham<\/h3>\n

\"\"<\/p>\n

Another company looking to target fit-out is Graham. The County Down-headquartered contractor appointed former ISG director Peter Allan as its workplace director last summer to enhance its focus on the specialism.<\/p>\n

But Graham has other strings to its bow, too, and looks well-placed for 2026 with a healthy pipeline of work, particularly in the north west of England.<\/p>\n

Among its jobs in the region are a joint venture to redevelop the University of Manchester\u2019s Fallowfield Campus and a \u00a3110m residential scheme at the city\u2019s former Boddington\u2019s Brewery. The firm was also one of eight appointed to Liverpool City Council\u2019s \u00a3800m Highways Planned Works Framework in September.<\/p>\n

The business heads into 2026 on the back of strong results in its latest reported full-year accounts to the end of March 2025, which recorded a 71 per cent jump in pre-tax profit to \u00a325.2m. This came despite a dip in turnover to \u00a31.06bn.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Sisk\/Farrans Sisk\u2019s swoop for Belfast-based Farrans was one of the industry\u2019s biggest deals last year. Observers saw it as an opportunity for the firm to capitalise on the government\u2019s 10-year plan to spend \u00a3725bn on infrastructure. Chief executive Paul Brown said the acquisition represented a significant opportunity to capitalise on the \u201cgrowing aviation, energy, water …<\/p>\n","protected":false},"author":18687,"featured_media":534858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[530,79553,533,559,539,540,542],"tags":[],"class_list":["post-534862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bouygues","category-features","category-galliford-try","category-long-reads","category-mace","category-morgan-sindall","category-sir-robert-mcalpine"],"yoast_head":"\n10 companies to watch in 2026 | Construction News<\/title>\n<meta name=\"description\" content=\"Sisk\/Farrans Sisk\u2019s swoop for Belfast-based Farrans was one of the industry\u2019s biggest deals last year. 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