{"id":7402,"date":"2025-08-26T21:46:31","date_gmt":"2025-08-26T21:46:31","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=7402"},"modified":"2025-08-26T21:46:31","modified_gmt":"2025-08-26T21:46:31","slug":"volkerwessels-uk-profits-jump-as-rail-and-marine-work-surges","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/volkerwessels-uk-profits-jump-as-rail-and-marine-work-surges\/","title":{"rendered":"VolkerWessels UK profits jump as rail and marine work surges"},"content":{"rendered":"<p>VolkerWessels UK has lifted profits as a surge in highways, rail and marine work, helped offset weaker commercial building activity.<\/p>\n<p>Group turnover edged up 4% to \u00a31.49bn in 2024 while pre-tax profit jumped 24% to a record \u00a348m, as robust governance further reduced impacts from legacy loss-making contracts.<\/p>\n<p>The improved performance saw group operating margin recover to 3% from 2.5% in the prior year and cash closed the year at \u00a3172m.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"494661\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fbrand-accesssolutions.com%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/brand slower ezgif.com-animated-gif-maker.gif\"\/><\/a><\/div>\n<\/div>\n<p>Richard Offord, CEO of VolkerWessels UK, said: \u201cWe are incredibly proud of the direction our business is heading in, despite the economic challenges we faced in recent years.<\/p>\n<p>&#8220;Our strong performance is a testament to the outstanding work delivered by our teams across the group and our focus on selecting the right work for us and our supply chain. \u00a0We are pleased to see each of our business units contributing to our overall success.<\/p>\n<p>Rail remained the largest market but the standout growth came in highways and marine sectors, more than compensating for a sharp fall in commercial building.<\/p>\n<div class=\"break-out-box\">\n<h3>Sector revenue breakdown<\/h3>\n<hr \/>\n<ul data-start=\"794\" data-end=\"992\">\n<li data-start=\"794\" data-end=\"835\">\n<p data-start=\"796\" data-end=\"835\"><strong data-start=\"796\" data-end=\"819\">Rail infrastructure<\/strong>: \u00a3547m (\u219111%)<\/p>\n<\/li>\n<li data-start=\"836\" data-end=\"877\">\n<p data-start=\"838\" data-end=\"877\"><strong data-start=\"838\" data-end=\"861\">Highways &amp; airports<\/strong>: \u00a3465m (\u219127%)<\/p>\n<\/li>\n<li data-start=\"878\" data-end=\"935\">\n<p data-start=\"880\" data-end=\"935\"><strong data-start=\"880\" data-end=\"919\">Marine, water, energy &amp; environment<\/strong>: \u00a3340m (\u219137%)<\/p>\n<\/li>\n<li data-start=\"936\" data-end=\"992\">\n<p data-start=\"938\" data-end=\"992\"><strong data-start=\"938\" data-end=\"976\">Commercial, industrial &amp; education<\/strong>: \u00a3139m (\u219357%)<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<p>A strong year of framework and major alliance project wins like the Southern Renewals Enterprise rail deal has put VolkerWessels on a strong forward footing with an order book ahead 13% to \u00a31.5bn.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"127094\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.fawkesandreecepartner.co.uk%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/mclaren gif.gif\"\/><\/a><\/div>\n<\/div>\n<p><\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"124439\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.hudsoncontract.co.uk%2Fhudson-freelance%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/KCD043_MPU_Freelance_555x400px_Opt1_v1b.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/HR67otO<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VolkerWessels UK has lifted profits as a surge in highways, rail and marine work, helped offset weaker commercial building activity. Group turnover edged up 4% to \u00a31.49bn in 2024 while pre-tax profit jumped 24% to a record \u00a348m, as robust governance further reduced impacts from legacy loss-making contracts. The improved performance saw group operating margin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":149,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-7402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=7402"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7402\/revisions"}],"predecessor-version":[{"id":7403,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7402\/revisions\/7403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/146"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=7402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=7402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=7402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}