Acquisition-hungry RSK Group has exceeded the £1bn turnover milestone after a year of 34 takeovers, costing £311m. The multi-consultancy and construction services group saw revenue jump over 50% to £1.22bn, while pre-tax losses doubled to £81m in the year to April 2023, after £74m in interest payments. EBITDA, before exceptional non- recurring costs, increased to
Watford based groundworks contractor Hiretest Limited has filed a notice of intention to appoint an administrator. The family-run firm has been in business for more than 30 years specialising in groundworks and reinforced concrete frame construction. Hirestest did a lot of work for Readie Construction which went into administration last month. Latest results filed for
Roofing Contractor’s annual commercial roofing report checks the pulse of the industry at the close of a year unlike any other.
SAINT-GOBAIN, parent company of British Gypsum, Weber, Isover, Glassolutions, Saint-Gobain PAM, and Ecophon in the UK, has reported a record operating margin of 11.0% across all regions. EBITDA came in at €7,001 million, close to the company’s all-time high of 2022, in a context of sales worth £47,944 million, which is fall of -6.4% on the
INSTALLATION of the barrel clad roof is now underway on the new Everton Stadium under construction at Bramley-Moore Dock in Liverpool. Contractor Laing’O’Rourke says after three years of “meticulous planning” and following structural completion, the first aluminium cladding panels have been fitted. These wrap around the building envelope, encompassing the structural steelwork that bridges the
M&S has won a legal battle with the government after Levelling Up Secretary Michael Gove refused planning permission for the redevelopment of its flagship store at Marble Arch. Gove refused plans in August for M&S to demolish and rebuild the store after campaigners said the building should be refurbished because of the amount of embedded
Don’t let an OSHA inspection turn into a nightmare. Learn your rights and how to be prepared with expert tips from this episode featuring Trent Cotney, partner at Adams and Reese.
Diamond drilling specialist LDD Construction Ltd has acquired East Anglia based specialist Drill Masters to expand its regional presence. LDD has its headquarters in London and set up a regional office near Newmarket last year to target work across the East of England. The Drill Masters deal will boost LDD’s presence in the region even
Malaysian firm YTL Developments has been granted planning by South Gloucestershire Council for a revised masterplan for its Brabazon scheme being built on the historic former Filton Airfield. The “new city district” will now contain over 6,000 new homes of every type and tenure alongside three million square feet of commercial space. The plans are
NG Bailey Chief Executive Officer David Hurcomb has announced his retirement after 14 years at the helm. Hurcomb will retire in May and be replaced by Jonathan Stockton who joined NG Bailey in 2016 and has held several senior roles including Chief Financial Officer and Chief Operating Officer. Hurcomb said: “It has been a huge
