B&K returns to strong profit growth across the group
B&K returns to strong profit growth across the group
Pre-tax profit jumps 23% to £65m as revenue edges up to £1.18bn
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Pre-tax profit jumps 23% to £65m as revenue edges up to £1.18bn
Pre-tax profit jumps 23% to £65m as revenue edges up to £1.18bn
Esh has undergone a comprehensive programme of simplifying and refocusing the business over the past four years which has seen pre-tax profits hit £3m in 2021 from a £5.1m loss last time as turnover hit £255m. Staff numbers fell to 756 from 837 but Esh is now actively recruiting to support its growing order book. Group chief executive, Andy Radcliffe, said: “We are delighted to report a remarkable improvement in profitability, particularly during another year which was marred by the impac...
Esh has undergone a comprehensive programme of simplifying and refocusing the business over the past four years which has seen pre-tax profits hit £3m in 2021 from a £5.1m loss last time as turnover hit £255m. Staff numbers fell to 756 from 837 but Esh is now actively recruiting to support its growing order book. Group chief executive, Andy Radcliffe, said: “We are delighted to report a remarkable improvement in profitability, particularly during another year which was marred by the impac...
While Rydon Construction suffered a £2.1m pre-tax loss set-back, the overall group performance was buoyed up by Rydon Homes, which contributed £3.7m, and disposals of the London and South West design and build businesses. These two businesses, which were sold for £654,000, have now been rebranded Real Construction by the new owners. As a result, Rydon Group delivered a £6.1m pre-tax profit in the year to September 2021, after previously reporting a £2.5m loss. Overall revenue slipped back...
While Rydon Construction suffered a £2.1m pre-tax loss set-back, the overall group performance was buoyed up by Rydon Homes, which contributed £3.7m, and disposals of the London and South West design and build businesses. These two businesses, which were sold for £654,000, have now been rebranded Real Construction by the new owners. As a result, Rydon Group delivered a £6.1m pre-tax profit in the year to September 2021, after previously reporting a £2.5m loss. Overall revenue slipped back...
McAlpine is now looking forward to a stronger year ahead with an order book and preferred contractor work pipeline equivalent to two years work. In a turnaround year for the business, McAlpine generated a £9.2m pre-tax profit last year on revenue ahead 14% at £937m. But revenue in the year to October 2021 was slightly down on the five-year peak of £1bn in 2019. Improved trading saw year-end cash balances slightly ahead at a healthy £106m with no debt. Paul Hamer, chief executive officer at...
McAlpine is now looking forward to a stronger year ahead with an order book and preferred contractor work pipeline equivalent to two years work. In a turnaround year for the business, McAlpine generated a £9.2m pre-tax profit last year on revenue ahead 14% at £937m. But revenue in the year to October 2021 was slightly down on the five-year peak of £1bn in 2019. Improved trading saw year-end cash balances slightly ahead at a healthy £106m with no debt. Paul Hamer, chief executive officer at...
Legal & General has committed £160m of forward funding to developers Urbo (West Bar) – a joint venture between Urbo Regeneration and Peveril Securities – to deliver the first and largest phase of the development. The will involve four buildings on the site comprising 368 residential build to rent apartments, two HQ offices of 100,000 sq ft and a 450-space multi-storey car park. These are due to be completed by 2024. It is the single largest private investment deal in Sheffield City Centre...
Legal & General has committed £160m of forward funding to developers Urbo (West Bar) – a joint venture between Urbo Regeneration and Peveril Securities – to deliver the first and largest phase of the development. The will involve four buildings on the site comprising 368 residential build to rent apartments, two HQ offices of 100,000 sq ft and a 450-space multi-storey car park. These are due to be completed by 2024. It is the single largest private investment deal in Sheffield City Centre...
New projects take shape in the South Bay, while the Peninsula experiences a slowdown.
The post Office Development Remains Strong Across the Bay appeared first on Commercial Property Executive.
New projects take shape in the South Bay, while the Peninsula experiences a slowdown.
The post Office Development Remains Strong Across the Bay appeared first on Commercial Property Executive.
The recovery last year followed a strategic decision to maintain a sizeable pre-construction and bid resource during the Covid lockdowns. This paid off as pre-tax profit recovered to £2.1m after revenue jumped 27% to £166m last year. CEO Jonathan Seddon said: “Our pipeline of work remained strong throughout 2021, which supported the company ethos to maintain a stable overhead base, but we continued to face many delays in moving projects forward into the construction phase, particularly wit...
The recovery last year followed a strategic decision to maintain a sizeable pre-construction and bid resource during the Covid lockdowns. This paid off as pre-tax profit recovered to £2.1m after revenue jumped 27% to £166m last year. CEO Jonathan Seddon said: “Our pipeline of work remained strong throughout 2021, which supported the company ethos to maintain a stable overhead base, but we continued to face many delays in moving projects forward into the construction phase, particularly wit...
The Goods Yard scheme will involve building a mixed-use community for 174 new homes, works spaces, shops, bars, cafes and a new public square at the Swift House site. Construction work will now begin this month, including the demolition of some of the existing industrial buildings with no architectural merit. Preparatory work for the new-build apartment blocks and restoration of a stunning vaulted warehouse will then start by the end of the year. It’s estimated the neighbourhood will be comp...
The Goods Yard scheme will involve building a mixed-use community for 174 new homes, works spaces, shops, bars, cafes and a new public square at the Swift House site. Construction work will now begin this month, including the demolition of some of the existing industrial buildings with no architectural merit. Preparatory work for the new-build apartment blocks and restoration of a stunning vaulted warehouse will then start by the end of the year. It’s estimated the neighbourhood will be comp...
Higgins Partnerships business raises revenue 43% to £125m
Higgins Partnerships business raises revenue 43% to £125m
After a short stint at Compass, the nine digit-producing The Seely Group returns to Keller Williams. When the world stopped in 2020, co-founders and husband-and-wife duo Dallas and Amy Seely share, the team looked up and realized they had been going too fast. “We took a step back to dissect and evaluate everything about our […]
After a short stint at Compass, the nine digit-producing The Seely Group returns to Keller Williams. When the world stopped in 2020, co-founders and husband-and-wife duo Dallas and Amy Seely share, the team looked up and realized they had been going too fast. “We took a step back to dissect and evaluate everything about our […]