Contractors – Page 17
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Murphy profit up by half
Firm says direct delivery model and repeat business send bottom line heading north
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Lendlease sale needs to happen quickly, boss admits, as buyers begin to make inquiries about contractor
Process yet to formally start, Simon Gorski tells ǿմý amid warnings deal needs sorting out soon to calm anxious staff and clients
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Skanska set for British Land’s delayed City office scheme worth £220m
Job at 1 Appold Street will go ahead once developer signs pre-let with tenant
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Sellar boss to run London structures specialist Kilnbridge
Owen Dannatt left developer earlier this year
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Galliford Try says 4% margin is firm’s official target
Contractor says figure achieveable by 2030
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Contractors mull whether to bid £1bn London towers job as firms worry fixed price will be too risky
Development manager Lipton Rogers believed to be still deciding how to procure 18 Blackfriars project
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British Land eyes fresh investor for City tower being built by McAlpine
2 Finsbury Avenue building due to finish in 2027
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Inflation and subcontractors going bust dent B&K profit
B&K says focus has been on strengthening balance sheet to give confidence to clients
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Margins being squeezed as new orders fall, RLB warns
Consultant says clients realising seriousness of situation and working with firms in more ‘collaborative’ way
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Bam has ‘lost a lot of money’ on Co-op Live job, US operator behind it says
Cost of fixed-price project has gone up from £365m to £450m, Oak View Group boss admits
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Fresh setback for Make’s ITV Studios redevelopment as High Court orders judicial review
Justice Lang says campaigners have raised “arguable grounds” for legal challenge
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Tilbury Douglas returns to black after drawing line under historic Interserve problems
Revenue at regional builder tops £500m
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US work boom set to send Keller profit higher
Upbeat trading update prompts earnings revision from analysts
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Caddick’s construction arm returns to black but profit at developments business falls by nearly half
Turnover at West Yorkshire firm tops £500m
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Tunnelling machines for HS2 Euston to be shipped to site in weeks
TBMs will be delivered to UK ahead of job beginning in 2025 as funding looks set to be freed up now local elections have wrapped up
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Mace rejigs senior management team with construction head leaving and new chief executive appointed
Gareth Lewis goes in summer while Jason Millett to take on top role next January as Mark Reynolds moves to executive chair post
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Glancy Nicholls founders make way for new joint managing directors
Shake-up marks 20th anniversary of practice founded in Birmingham’s Jewellery Quarter