VolkerWessels UK has disclosed that it made a benefit earlier than tax of £48m in 2024 on turnover of £1.5bn, with expansion throughout all spaces of the industry.
This compares to a pre-tax benefit of £38.6m on £1.5bn turnover in 2023.
The EBT margin due to this fact progressed from an already wholesome (for the development trade) 2.7% to three.2% final yr.
Forward of submitting the returns at Firms Area, VolkerWessels UK leader government Richard Offord mentioned: “We’re extremely happy with the course our industry is heading in; in spite of the commercial demanding situations we confronted in recent times. Our robust efficiency is a testomony to the exceptional paintings delivered by way of our groups around the crew and our focal point on selecting the best paintings for us and our provide chain. We’re happy to look each and every of our industry gadgets contributing to our general good fortune.
“In 2024 standard infrastructure tasks integrated, Heathrow Southern Runway resurfacing, Strategic Pipeline Alliance, Radlett Strategic Rail Freight Interchange, Tay Bridge re-waterproofing and lengthening our highways time period repairs contract with Tub and North East Sommerset council.
“Taking a look forward, we stay fascinated about supporting the United Kingdom executive’s infrastructure spending technique and proceeding to perform in crucial infrastructure markets, together with shipping, water, and effort.
“We will be able to proceed to empower our extremely professional other people to ship sustainable and leading edge engineering and development answers in a secure and safe approach.”
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