City

Beard sees profits rise by 21%

Regional contractor Beard saw pre-tax profits rise by 21% to £1.7m last year, on revenue that was up 12% to £77.3m.

Galliford Try's northern division set to make £60m in 3 years

Galliford Try Parternship’s northern division looks set to double its turnover from £30m to £60m in the next three years, its managing director is claiming.

Henry Boot sees full-year profits rise by 37%

Henry Boot says a focus on the long term and a recovering development industry has helped it post a 37% increase in pre-tax profits for 2013 to £18.4m, on the back of a 49% rise in revenue to £153.8m.

Budget pays for pothole repairs - with stamp duty hike

George Osborne has promised an extra £200m will be made available for local authorities to bid for pothole repairs.

Speedy shares hit by profits warning

Shares in Speedy Hire have fallen by nearly 17% after the company, which has only just been through a financial scandal, said its profits for this year would be lower than expected.

BB 'not out of the woods yet'

Challenging conditions in UK construction and a downturn in Australia have led Balfour Beatty to report a 29% fall in underlying pre-tax profits to £203m last year.

Interserve sees profits rise as it acquires Initial

Headline profits at Interserve rose by 7.7% last year while revenue grew by 12% to just under £2.2bn, as it claims its policy in construction of focusing on repeat business is paying off.

Speedy blames irregularities on former employees

Speedy Hire claims that the financial irregularities it uncovered last November – and which led to the resignation of former chief executive Steve Corcoran – were the result of “deliberate action” by a small number of people, all of whom have left the company.

Costain goes for £75m placing despite order book growth

Costain saw its forward order book rise by 25% to £3bn last year – but has still announced plans to raise £75m through a share placing to fund future contracts and working capital.

Kier says results justify May Gurney bid

Kier says its latest interim results show that its decision to take over May Gurney in June last year was fully justified.

Travis Perkins to invest more after strong 2013

Travis Perkins says it is so confident about the outlook for 2014 that it is planning to increase its capital expenditure by at least £20m to between £130m and £150m this year as it rolls out new stores and concessions.

Morgan Sindall still has doubts for this year

Morgan Sindall said upward pressure on supply chain costs and skills availability will continue to present challenges in the market this year, as it posted a very mixed set of full-year results for 2013.

Galliford Try posts record profits

Galliford Try has posted record first half pre-tax profits of £38.1m, up 18% on the year before on revenue which has also risen 18% to £803.5m.

International business still drags on Speedy

Speedy Hire says its international business is continuing to disappoint, although it says UK performance in the past quarter mean that it will still meet full-year market expectations.

Acquisition takes Patrick Parsons to over 100 in six years

Newcastle-based multi-disciplinary engineering consultancy Patrick Parsons has continued its expansion southwards with the acquisition of civil and structural consultancy Stewart and Harris, based in Birmingham.

Your News

If you've got a story that would be of interest to Builder & Engineer readers, send us an email

Features

2014-04-08 17:23

Two award-winning plastering experts say much can be learned from the Apollo Theatre's ceiling collapse

2014-04-08 16:38

Fly ash has long been a mainstay in the construction industry. But is it threatened by the closure of some coal-fired power stations? Robert Carroll thinks not

2014-04-08 16:19

Innovation and working together are the key ingredients for house builders to meet zero carbon targets, says Darren Dancey

2014-03-26 14:20

More and more engineers are moving out to New Zealand for reconstruction work. What can they expect to find when they get there?

2014-03-26 14:17

We need new homes – but not on flood plains. Or can a compromise be sought? Tracy Hall considers the options

2014-03-26 14:13

Changes in standards on visual alarm devices (VADs) may prove a challenge, but they are worth it in the end, says Peter Regan

2014-03-24 10:40

Last week's Budget still poses some problems ahead, says Chris Scott

2014-03-24 10:13

Green credentials like BREEAM ratings are enough of a sway on their own to attract investors, a new report suggests

Free E-newsletter Sign-Up

Sign up for our free e-newsletter

Looking for a company or service?