Winvic maintains £1 billion turnover, but profits fall

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Winvic Group has kept its annual turnover above £1 billion for a second successive year, but saw a 7.9 per cent fall in pre-tax profit. The firm saw a 1.4 per cent drop in revenue for the year to 31 January 2026, according to Construction News.

Turnover fell to £1 billion from £1.02 billion in the prior year, when it passed the £1 billion-turnover mark for the first time. The group’s main trading arm, Winvic Construction Ltd, accounted for £990 million of the year’s total revenue.

Pre-tax profit dropped from £32.2 million to £29.7 million in the latest accounts, as the Northampton-based firm’s margin narrowed from 3.2 per cent to 3 per cent.

In the industrial sector, Winvic said it started 22 new projects and completed 23 schemes including its first life sciences project: the £28.5 million Bourn Quarter in Cambridge.

This job helped the group reach “the incredible milestone of 110 million sq ft constructed”, the accounts added.

Wins in the financial year included a £340 million national distribution centre for Marks & Spencer at Daventry International Rail Freight Terminal. Winvic said demand for sustainable and low-carbon industrial buildings “remains a major driver of opportunity” in the industrial sector.

Civils and infrastructure activity included the completion of 31 projects and 42 schemes for National Highways under the Scheme Delivery Framework.

Winvic also started three new standalone schemes and said it expanded its active engagement across eight public sector frameworks covering structures, local authority, National Highways and wider infrastructure projects.

The group accounts said that 85 per cent of 2026/27 turnover had already been secured in its civils and infrastructure segment, which boasts a “robust pipeline” of over £1.5 billion.

(Picture: Winvic)

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