Lincoln-based contractor Lindum handed more than £2m back to staff last year through a combination of profit share and dividends as its employee ownership model paid off.

The family and employee-owned firm distributed close to £1m through its profit-related pay scheme, which allocates 10% of annual profits equally across its 639-strong workforce — delivering an average bonus of around £1,500 per employee.

On top of that, the founder Chambers family, senior directors and employee shareholders shared in a £1.99m dividend payout after the group declared a total dividend of 11.75p per share for the year to 30 November 2025.

With 506 employees holding shares — around 79% of the workforce — staff collectively own nearly half the business and benefited from a significant slice of the dividend pot.

The combined payouts underline Lindum’s distinctive model, which blends broad-based employee ownership with equal profit sharing — ensuring workers benefit regardless of shareholding.

The rewards came as the group delivered a strong financial performance, with turnover rising 5.3% to £209m and pre-tax profit climbing to £13.2m from £10.3m.

Operating margin rose to 4.8% from 3.7% the previous year.

Lindum ended the year with £89m in cash and remains debt free, with net assets up to £78m.

The business operates across Lincolnshire, Yorkshire and the East Midlands through regional construction divisions in Lincoln, York and Peterborough, combining contracting, house building and support services.

Construction remained the core activity, generating £172m of revenue, while homes and joint venture developments contributed £27m, alongside smaller income streams from plant hire, servicing and waste recycling.