Read our Annual Report and Accounts that accompany our financial results 2020/21.
We are pleased to announce our financial results 2020-21, which show a return to profit, despite the challenging economic landscape.
Halfway through its implementation, our five-year business strategy has helped bolster resilience during challenging times, giving the company the agility to adapt to everchanging trading conditions and unpredictable geopolitical shifts. By continuing to play to our core strengths and values, and nurturing relationships with key clients, consultants and supply chain partners, the business was able to mitigate the impact on productivity caused by the pandemic, Brexit, and the shortage of materials and skilled labour.
In 2019, we reported an increase in profitability following the introduction of our business strategy. In 2020, despite the temporary adverse impact of the pandemic on our financial results, the company showed strong underlying performance, bolstered by the strategy. With a healthy pipeline of opportunity and more than 90% of secured business, we now have a robust platform on which we continue to build to realise our vision of “proudly building Britain’s future heritage”. As a construction and civil engineering Tier 1 contractor facing challenging markets, the business maintains a prudent approach guided by our values. Our focus remains on delivering project excellence, tackling the climate emergency, and fostering social values where we operate.
Our Align JV has announced the start of construction on the railway’s first and longest viaduct with the launch of an enormous 700 tonne bridge-building machine at an event attended by the HS2 Minister, Andrew Stephenson MP, just outside London.
Today sees the publication of our Sustainability Report 2020/21, which highlights our progress in working towards a better future for people, places and communities.
We had the pleasure to welcome the West Midland Mayor and Legal & General's Chief Executive at our site in Birmingham this week.
