Margin squeezed at Multiplex despite jump in turnover

Profit at Multiplex halved in 2025 due to a gap between large projects completing and new ones ramping up. In annual results for the year to 31 December 2025, Multiplex Construction Europe posted revenue of £973m, up a quarter from £780m in 2024, while pre-tax… The post Margin squeezed at Multiplex despite jump in turnover appeared first on Construction News.

Hercules delays annual results announcement

Auditors still working on labour suppliers' numbers after string of acquisitions

50% growth for Higgins

Higgins Group has filed annual results showing surging turnover and orders and markedly improved profits.

Spencer Engineering Group in the red

Spencer Engineering Group plunged to a £4.3m loss in its latest annual results after adjusting the value of an energy investment in Yorkshire. The Hull-based engineering firm posted the pre-tax deficit for the year to 31 March 2025. It followed a £1.1m pre-tax profit in… The post Spencer Engineering Group in the red appeared first on Construction News.

Bechtel profit soars despite revenue drop

Bechtel Ltd has grown its pre-tax profit by more than half, despite plummeting income. The UK arm of the US engineering giant posted revenue of £210m for the 2024 calendar year in annual results published on Companies House last week. This was down more than… The post Bechtel profit soars despite revenue drop appeared first on Construction News.