Tag: profits

Bancon Group’s operating board, from left to right, Deeside Timberframe managing director David Crawford, HR director Senga Buntrock, CEO Kevin McColgan, operations director Jamie Tosh and finance director Andrew TweedieThe Aberdeenshire-based house-building and construction group reported a 16% increase in turnover and solid profits in...

CRH subsidiary Tarmac Trading saw its pre-tax profits shrink by more than half last year despite underlying improvements. Read Full Article: The Construction Index Source link

Managing director Ray Hutchinson Gilbert-Ash Holdings made a pre-tax profit of £4.7m in 2022, down from £12.4m in 2021, on turnover of £263.2m (2021: £219.3m). The 2022 results came on the back of record results in 2021. Managing director Ray Hutchinson cited inflationary pressures and...

Chief executive Bill Hocking (left) and finance director Andrew DuxburyIn the year to 30th June 2023 Galliford Try grew revenue by 13% to £1,394m (2022: £1,237m) and pre-tax profit by 87% to £10.1m (2022: £5.4m). Revenue growth benefited from a higher level of activity from...

Cloudy skies...The market has got worse and there is no sign of improvement, the company said. Just two months ago, Crest Nicholson was expecting a sales-per-outlet-per-week (SPOW) rate of 0.5 to the end of the financial year (31st October). But for the past seven weeks...

Beard’s accounts for the year ending 31st December 2022 show turnover up 15% to £165m (2021: £144m), as the business benefitted from a release of pent-up demand from the previous two years. However, with build costs escalating during the year, pre-tax profit was down 17%...

Chief executive Andrew DaviesKier Group results for the six months to 31st December 2022 show revenue stable at £1,537m (2021: £1,536m) but pre-tax profit doubled to £25.4m (2021: £12.7m). The half-year revenue was broadly evenly spread across the group’s two main divisions, infrastructure services (£815.6m)...

Scape chief executive Mark RobinsonIn the year to 31st March 2022, turnover fell 25% to £11.0m (2021: £14.7m). Pre-tax profit was down 96% to £218,000 (2021: £6.1m). Year end cash balance was £8.97m (2021: £10.92m). “The directors consider this to be a satisfactory performance,” wrote...

Chief executive and major shareholder Ray O’Rourke still seems to be in postFor the year ended 31st March 2022 Laing O’Rourke’s global revenue reached £3.0bn (FY21: £2.5bn) but pre-tax profit was just £2.7m (FY21: £41.4m). Profit before tax, interest repayments and exceptional items was up...

Chief executive Jason HoneymanBellway has implemented a new round of value engineering to try to design more cost out of its build process. In the year to 31st July 2022 Bellway’s total revenue rose by 13% to a new high of £3,537m (2021: £3,122m –...

Lee Marley Brickwork, which does scaffolding as well as brickwork, saw its turnover rise by a third in 2021 to reach nearly £57m, a new high for the company, but profits were down by the same proportion because contract prices were fixed before inflation pushed...

Group managing director Jeremy Hartley In the year to 31st December 2021 Eric Wright Group made a profit before tax of £15.1m, up from £9.5m in 2020. Gross profit increased from £17.3m to £20.5m. Turnover across the group decreased to £163.9m – down from £204.6m...

Chief executive Bill Hocking For the year to 30th June 2022 Galliford Try made a pre-tax profit of £5.4m, down from £11.4m the previous year, on turnover up 10% to £1,237m (2021: £1,125m). This result includes an exceptional £7.7m cost relating to the acquisition of...

On 29th April Marshalls completed the acquisition of Marley Group for £535m, giving it two months of Marely numbers in its 2022 interim results. For the first six months of 2022 Marshalls generated group revenue of £348.4m, a 17% increase on 2021’s first-half £298.1m. On...

Legal & General builds houses of all different types and tenures through its various tentacles. Its build-to-sell business, Cala Homes is the UK’s 10th largest house-builder by revenue and in the first six months of 2022 generated revenue of £701m (H1 2021: £610m) and operating...