(408) 827-5745
Construction Enquirer |
1 year ago
Report post
Report user
Block user
Construction news, jobs and contracts

Order book surge for McLaren as turnover set to hit £850m

Order book surge for McLaren as turnover set to hit £850m

Abstract

Order book surge for McLaren as turnover set to hit £850m
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Order book surge for McLaren as turnover set to hit £850m
Order book surge for McLaren as turnover set to hit £850m
Order book surge for McLaren as turnover set to hit £850m
Order book surge for McLaren as turnover set to hit £850m
Construction news, jobs and co... Construction news, j... | 1 year ago
The flying start to the year follows a string of wins across all sectors as McLaren looks to “draw a line” under the impacts of the pandemic. Latest management accounts for the year to 31 July 2022 show a turnover of £726.2m with net cash reserves of £59.2m. That revenue is £184m up on the previous year and ahead of pre-pandemic levels. McLaren filed its latest results at Companies House this week for the year to July 31 2021 showing turnover up to £541m from £526m last time generatin...
The flying start to the year follows a string of wins across all sectors as McLaren looks to “draw a line” under the impacts of the pandemic. Latest management accounts for the year to 31 July 2022 show a turnover of £726.2m with net cash reserves of £59.2m. That revenue is £184m up on the previous year and ahead of pre-pandemic levels. McLaren filed its latest results at Companies House this week for the year to July 31 2021 showing turnover up to £541m from £526m last time generatin...
Labour supply firm Hercules set to hit £45m turnover
Labour supply firm Hercules set to hit £45m turnover
Labour supply firm Hercules set to hit £45m turnover
Labour supply firm Hercules set to hit £45m turnover
Construction news, jobs and co... Construction news, j... | 1 year ago
In a trading update today the AIM listed firm said revenue was on course to rise 38% on the previous year ended 30 September 2021. Ramping up of the HS2 Phase 1 (northern section) contract has helped boost business with 260 Hercules operatives currently on site after the firm started supplying workers in January. The firm is also planning to build its first Hercules Training Academy in Nuneaton near its HS2 operations. Hercules saw a significant rise in demand across all civils sectors as covi...
In a trading update today the AIM listed firm said revenue was on course to rise 38% on the previous year ended 30 September 2021. Ramping up of the HS2 Phase 1 (northern section) contract has helped boost business with 260 Hercules operatives currently on site after the firm started supplying workers in January. The firm is also planning to build its first Hercules Training Academy in Nuneaton near its HS2 operations. Hercules saw a significant rise in demand across all civils sectors as covi...
Structure Tone stems losses as order book grows
Structure Tone stems losses as order book grows
Structure Tone stems losses as order book grows
Structure Tone stems losses as order book grows
Construction news, jobs and co... Construction news, j... | 1 year ago
Fit out specialist racks-up £4m loss but is confident of turnaround this year after restructuring
Fit out specialist racks-up £4m loss but is confident of turnaround this year after restructuring
ISG enjoys record £1.6bn order book as profits recover
ISG enjoys record £1.6bn order book as profits recover
ISG enjoys record £1.6bn order book as profits recover
ISG enjoys record £1.6bn order book as profits recover
Construction news, jobs and co... Construction news, j... | 1 year ago
Latest results for the year to December 31 2021 show pre-tax profits more than doubled at £19m from £8.9m and revenue up 10% to £2.2bn. The firm is now looking forward to further recovery this year on the back of a record £1.6bn forward order book, after maintaining its zero-debt status and improving its net cash position by 18% to £120m. Matt Blowers, CEO at ISG, said: “Our strong foundations and continuous focus on optimising innovation and efficiencies have enabled the ISG business t...
Latest results for the year to December 31 2021 show pre-tax profits more than doubled at £19m from £8.9m and revenue up 10% to £2.2bn. The firm is now looking forward to further recovery this year on the back of a record £1.6bn forward order book, after maintaining its zero-debt status and improving its net cash position by 18% to £120m. Matt Blowers, CEO at ISG, said: “Our strong foundations and continuous focus on optimising innovation and efficiencies have enabled the ISG business t...
Severfield enjoys record £486m order book
Severfield enjoys record £486m order book
Severfield enjoys record £486m order book
Severfield enjoys record £486m order book
Construction news, jobs and co... Construction news, j... | 1 year ago
Underlying pre-tax profit rose 11% to £27m in the year to March 2022 on revenue up by the same measure at £404m, driven mainly by the steep rise in steel prices. Alan Dunsmore, chief executive officer, said: “The increase in profit also reflects our ability to offset inflationary cost increases through a combination of operating efficiencies, higher selling prices and contractual protection as steel remains largely a pass-through cost for the group.” As a result underlying operating marg...
Underlying pre-tax profit rose 11% to £27m in the year to March 2022 on revenue up by the same measure at £404m, driven mainly by the steep rise in steel prices. Alan Dunsmore, chief executive officer, said: “The increase in profit also reflects our ability to offset inflationary cost increases through a combination of operating efficiencies, higher selling prices and contractual protection as steel remains largely a pass-through cost for the group.” As a result underlying operating marg...
All-cash purchases hit an 8-year high, as seller profits surge
All-cash purchases hit an 8-year high, as seller profits surge
All-cash purchases hit an 8-year high, as seller profits surge
All-cash purchases hit an 8-year high, as seller profits surge
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Newly released sales data shows the extent to which buying trends in the hot housing market have impacted affordability, while seller profits surge.The sales of homes paid for entirely in cash hit an 8-year high in the second quarter, according to real estate data provider Attom, in its latest U.S. home sales report. Approximately 35.4% of all single-family homes and condo units sold between April and June were cash purchases, the most since the first quarter of 2014. In comparison, all-cash tr...
Newly released sales data shows the extent to which buying trends in the hot housing market have impacted affordability, while seller profits surge.The sales of homes paid for entirely in cash hit an 8-year high in the second quarter, according to real estate data provider Attom, in its latest U.S. home sales report. Approximately 35.4% of all single-family homes and condo units sold between April and June were cash purchases, the most since the first quarter of 2014. In comparison, all-cash tr...
London office starts set to surge over next 6 months
London office starts set to surge over next 6 months
London office starts set to surge over next 6 months
London office starts set to surge over next 6 months
Construction news, jobs and co... Construction news, j... | 1 year ago
Deloitte Crane Survey predicts jump in starts in Capital despite high building costs
Deloitte Crane Survey predicts jump in starts in Capital despite high building costs
Clancy order book at £1bn after fourth year of growth
Clancy order book at £1bn after fourth year of growth
Clancy order book at £1bn after fourth year of growth
Clancy order book at £1bn after fourth year of growth
Construction news, jobs and co... Construction news, j... | 1 year ago
Pre-tax profit dipped slightly to £10.6m in the year to April 2022 from £11m previously driven by challenges on one particular contract. The family-run firm also completed a £43m two-year renewal programme for plant and equipment, while still achieving an operating cash inflow of over £6m and cash at bank up to £28m. Chairman Kevin Clancy said a pipeline of capital programmes alongside Clancy’s longstanding frameworks in water and energy, including for Anglian Water, Scottish Water and ...
Pre-tax profit dipped slightly to £10.6m in the year to April 2022 from £11m previously driven by challenges on one particular contract. The family-run firm also completed a £43m two-year renewal programme for plant and equipment, while still achieving an operating cash inflow of over £6m and cash at bank up to £28m. Chairman Kevin Clancy said a pipeline of capital programmes alongside Clancy’s longstanding frameworks in water and energy, including for Anglian Water, Scottish Water and ...
Fed’s Beige Book offers grim news for housing industry
Fed’s Beige Book offers grim news for housing industry
Fed’s Beige Book offers grim news for housing industry
Fed’s Beige Book offers grim news for housing industry
housingwire housingwire | 1 year ago
The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. The post Fed’s Beige Book offers grim news for housing industry appeared first on HousingWire.
The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. The post Fed’s Beige Book offers grim news for housing industry appeared first on HousingWire.
Traders Hit Snooze Button, With Next Alarm Set For Fed Day
Traders Hit Snooze Button, With Next Alarm Set For Fed Day
Traders Hit Snooze Button, With Next Alarm Set For Fed Day
Traders Hit Snooze Button, With Next Alarm Set For Fed Day
News & media website News & media website | 1 year ago
Traders Hit Snooze Button, With Next Alarm Set For Fed Day Nothing really happened in the bond market today and there wasn't much to discuss (one of the reasons for focusing on MBS spreads in the AM commentary). Consumer Sentiment gave the impression that it helped bonds, but it was just in right place at almost the right time (10 minutes too early to get credit).  The day ended up being super sideways despite early volatility.  Looking back to Tuesday, we see traders basically hit the snooze ...
Traders Hit Snooze Button, With Next Alarm Set For Fed Day Nothing really happened in the bond market today and there wasn't much to discuss (one of the reasons for focusing on MBS spreads in the AM commentary). Consumer Sentiment gave the impression that it helped bonds, but it was just in right place at almost the right time (10 minutes too early to get credit).  The day ended up being super sideways despite early volatility.  Looking back to Tuesday, we see traders basically hit the snooze ...