Colas set to return to profit this year
The winning of three new National Highways contracts this year have contributed towards Colas returning to profit this year. The latest results for the UK business for the year to December 31 2020 show a pre-tax loss of £2.7m compared to £1m last time as turnover dropped from £262m to £229.8m due to lockdown. Colas […]
Galliford Try announces strong results ahead of growth strategy, while its highways business wins at CN Awards
Galliford Try has announced a strong set of results for the financial year to 30 June 2021, outperforming analysts’ expectations. The business has achieved a profit before tax of £11.4m on revenues of £1.125bn, which represents a divisional operating margin of 2%. The company said its ‘exceptionally strong’ balance sheet has been further underlined with […]
Kier gets back on track with strong operational performance and ‘materially improved’ results
Kier Highways’ contract win in London to deliver Transport for London’s new £200 million Maintenance and Management contract has contributed towards Kier Group’s ‘strong operational performance and materially improved results.’ The group’s results to end of year June 30th, had a revenue of £3.3bn, which was a slight reduction on last year’s £3.3bn due to […]