{"id":9176,"date":"2025-11-20T09:46:36","date_gmt":"2025-11-20T09:46:36","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=9176"},"modified":"2025-11-20T09:46:36","modified_gmt":"2025-11-20T09:46:36","slug":"ocu-surges-to-886m-revenue-as-acquisitions-spur-growth","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/ocu-surges-to-886m-revenue-as-acquisitions-spur-growth\/","title":{"rendered":"OCU surges to \u00a3886m revenue as acquisitions spur growth"},"content":{"rendered":"

Energy and utilities infrastructure services contractor OCU Group has hit a record \u00a3886m turnover after another year of rapid expansion driven by energy transition work, contract wins and a fresh wave of bolt-on acquisitions.<\/p>\n

The Stockport-based group lifted revenue by 45% for the year to 30 April 2025, helped by three new acquisitions that brought in \u00a3301m of extra revenue.<\/p>\n

Even stripping those out, the group still grew organically by 11% across its utilities and energy divisions. Its rapid expansion saw headcount swell to 1,980 staff, up from 1,113 last year.<\/p>\n

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Pre-tax profit jumped to \u00a358m from \u00a344m as the group pushed deeper into energy transition projects and cleaned up legacy issues in its power and telecoms divisions.<\/p>\n

Operating margins nudged up to over 12% buoyed by the acquisition of Scottish civils contractor R J McLeod, the exit of a loss-making power contract and the easing of last year\u2019s fibre rollout slowdown.<\/p>\n

Wins for group companies included the VMO2 fibre maintenance contract, Northern Powergrid\u2019s framework, and major energy transition packages delivered jointly by OCU Energy and R J McLeod.<\/p>\n

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Michael Hughes chief executive officer said he saw huge long-term growth in energy transition, digital connectivity and regulated utilities, with further acquisitions firmly on the radar.<\/p>\n

“Operating in stable markets characterised by strong tailwinds and a committed spend profile has allowed us to concentrate on strategic growth areas.<\/p>\n

“This operational stability enables us to invest in innovative technologies and practices that drive productivity and efficiency across our operations.<\/p>\n

“These investments are crucial as they support our continuous improvement and help maintain our competitive edge in rapidly evolving marketplaces.”<\/p>\n

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from Construction Enquirer https:\/\/ift.tt\/gTdW07S<\/p>\n","protected":false},"excerpt":{"rendered":"

Energy and utilities infrastructure services contractor OCU Group has hit a record \u00a3886m turnover after another year of rapid expansion driven by energy transition work, contract wins and a fresh wave of bolt-on acquisitions. The Stockport-based group lifted revenue by 45% for the year to 30 April 2025, helped by three new acquisitions that brought […]<\/p>\n","protected":false},"author":1,"featured_media":154,"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-9176","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\/9176","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=9176"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9176\/revisions"}],"predecessor-version":[{"id":9177,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/9176\/revisions\/9177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/152"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=9176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=9176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=9176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}