Sicon Limited, the parent company of John Sisk & Son’s construction and related businesses in Ireland, the UK and Europe, has reported a strong financial performance for the year ended 31 December 2025, with profit before tax increasing by 27.7% to €74.2 million (£63.6 million).
Operating profit increased by 37.9% to €67 million from €48.6 million, while gross margin improved to 7.6%, up from 6.0% in the prior year, reflecting improved performance across the Group’s operations and a continued focus on profitable growth opportunities. Group turnover was €2.624 billion, compared to €2.752 billion in 2024. The Group delivered stronger profitability and improved margins from the prior year, demonstrating the benefits of its disciplined approach to project selection, delivery and operational performance.
The Group maintained a strong capital position throughout 2025. Cash at year end stood at €338.1 million, with a further €54.2 million held in short-term investments, bringing total cash and investments to €392.3 million. The Group remained debt free at year end.
In October 2025, the Group completed the acquisition of Farrans Limited, expanding its civil engineering and infrastructure capability across Ireland, Northern Ireland and Great Britain. The business operates on a standalone basis within the wider Sisk Group and provides us with additional expertise across key infrastructure sectors including water, energy, transportation, aviation and marine projects.
Commenting on the results, Sisk CEO, Paul Brown, said:
“2025 was another strong year for Sisk. We experienced increased profitability, improved margins, and continued to strengthen our market positioning in our key market sectors while maintaining a disciplined approach to growth and investment.
“Our performance in the year reflects the quality of our order book, the expertise of our teams and the consistent focus across the business on disciplined growth, innovative delivery excellence and a focus on improving our quality of earnings.
“We also welcomed Farrans to the Group during the year, broadening our base and further strengthening our infrastructure and civil engineering capability across Ireland and the UK. With a strong balance sheet, no bank debt and good pipeline visibility across our markets, we have entered 2026 in a strong position. Demand remains positive in most of the sectors in which we operate, and we remain focused on delivering sustainable growth while continuing to create long-term value for our clients, partners and communities.”
(Picture: Sisk Group)
