Galliford Try profits and revenue surgeGalliford Try has delivered strong growth and profits in the year to June after a surge in previously delayed building jobs and a strong flow of water infrastructure spending.
Pre-exceptional pre-tax profits jumped 40% to £33m on turnover rising 27% to £1.77bn.
The improvement helped group operating margin edge up to 2.5% as the firm remained selectiv…
London RC frame specialist goes underNorth London based groundworks and concrete specialist Bela Structures has fallen into administration.
The firm was set up over eight years ago and operated throughout London on mainly mid-rise residential projects with a total workforce of around a 100 at peak.
Bela also carried out demolition and basement works.
In recent years as cost inflation hit, t…
Skanska staff get access to digital doctorsSkanska has launched a Digital GP service for all staff providing employees and their immediate families with instant advice and diagnosis.
Digital GP allows employees to connect with a doctor via video call or phone consultation.
The service operated by HealthHero, also provides prescriptions, open referrals and fit notes.
Harvey Francis, Skanska UK…
Octavius Infrastructure national expansion push pays offA controlled expansion strategy at Octavius Infrastructure has started to pay off with the firm delivering a strong year of growth in both revenue and profitability.
Octavius became a standalone business just three years ago after being hived off from regional contractor Geoffrey Osborne, which earlier this year fell into…
Another new name for former Kier Living housing armPrivate equity giant Terra Firm has merged its two house building businesses.
The new operation will be known as untypical and brings together Hopkins Homes and Tilia Homes with an initial target of delivering 2,000 houses a year.
Tilia Homes was formerly known as Kier Living before being rebranded by Terra Firma after its £110m acquisition in…
Danny Sullivan Group buys M&E recruitment firmInfrastructure labour supplier Danny Sullivan Group has acquired M&E recruitment specialist Diamond Construction & Engineering Recruitment.
Essex based Diamond has been in business since 1983 and specialises in the provision of blue and white collar temporary and permanent personnel to the M&E sector nationwide.
Tim O Sullivan, MD of Danny Sullivan…
Sisk in talks to finish ISG’s £200m Teesside vaccine plantSisk is set to secure a deal to finish crashed contractor ISG’s £200m vaccine manufacturing factory job on Teesside.
The contractor’s life sciences business is understood to be in advanced talks with client Fujifilm Diosynth Biotechnologies about finishing the job, known as Project Borealis.
A deal will come as welcome news to t…
HE Simm eyes return to profit after £10m lossM&E group HE Simm is forecasting a strong end to 2024 for its crucial engineering division after suffering a £10m trading loss last year.
A swiftly implemented recovery plan to streamline management structures and reporting processes with more selective bidding has got the business back on track with a forecast return to profitability.
The rebound…
Wates buys 1,100-staff social housing upgrade contractorWates has struck a deal with the social housing provider ForHousing to buy its in-house £100m-plus revenue repair and maintenance specialist Liberty.
The property maintenance specialist brings a strong heating and compliance skills base. It’s 1,100 staff will join the Wates Property Services team of 1,900 staff.
The now expanded property…
Caddick bolsters Midlands construction teamCaddick has hired former Wates north west operations director John Currie and former Speller Metcalfe manager Ian Calder to head up its operations team at the growing construction division in the Midlands.
They have joined Caddick just over 12 months after it targeted the Midlands construction market following the appointment of Ray O’Sullivan as…