{"id":7636,"date":"2025-09-08T08:47:01","date_gmt":"2025-09-08T08:47:01","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=7636"},"modified":"2025-09-08T08:47:01","modified_gmt":"2025-09-08T08:47:01","slug":"network-plus-margin-climbs-to-7-4-on-utilities-boom","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/network-plus-margin-climbs-to-7-4-on-utilities-boom\/","title":{"rendered":"Network Plus margin climbs to 7.4% on utilities boom"},"content":{"rendered":"<p>Private equity-backed utility and infrastructure contractor Network Plus Services has pushed margins higher on the back of rising energy and water workloads.<\/p>\n<p>Adjusted EBITDA jumped 20% to \u00a343m in the year to 30 March 2025, lifting margins from 6.8% to 7.4%.<\/p>\n<p>But onerous contract and restructuring charges impacted the bottom line with pre-tax profit dropping to \u00a325m from \u00a332m in the prior year.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"122945\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.eca.co.uk%2Fspecify%3Futm_source%3DConstruction-Enquirer%26utm_medium%3Dweb-banner%26utm_campaign%3DSpecifier-0925\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/ECA3777-Specifier-Banner-MPU-300x250px.gif\"\/><\/a><\/div>\n<\/div>\n<p>Turnover grew 9% to \u00a3585m, supported by increased volumes on existing frameworks and new contract wins. <\/p>\n<p>The group\u2019s expansion into smart metering, vegetation management through the AC Landscapes acquisition, and the launch of a district heating division all contributed to broadening its offer.<\/p>\n<p>Headcount at the Manchester-based business also increased to just 2,400 staff.<\/p>\n<p>Network Plus said that future growth would be underpinned by Ofwat\u2019s AMP8 settlement allowing a 70% uplift in water sector spend and acceleration low-carbon infrastructure programmes.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"500981\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.jeld-wen.co.uk%2Fbehind-every-doorset%2F%3Futm_source%3Demail%26utm_medium%3Demail%26utm_campaign%3DConstruction%2BEnquirer%2BMPU%2BBanner%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\/24901_JELD_WEN_MEDIA_INSERTIONS_300x250.jpg\"\/><\/a><\/div>\n<\/div>\n<p><\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"454840\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fforms.reg.buzz%2Fukcw-birmingham-2025%2Fconstruction-enquirer%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\/UKCW25 300x250 2.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/Lc70CNo<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Private equity-backed utility and infrastructure contractor Network Plus Services has pushed margins higher on the back of rising energy and water workloads. Adjusted EBITDA jumped 20% to \u00a343m in the year to 30 March 2025, lifting margins from 6.8% to 7.4%. But onerous contract and restructuring charges impacted the bottom line with pre-tax profit dropping [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":151,"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-7636","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\/7636","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=7636"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7636\/revisions"}],"predecessor-version":[{"id":7637,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/7636\/revisions\/7637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/153"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=7636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=7636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=7636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}