Record Order Book and Revenue Visibility
The group's order book reached a record GBP 11 billion, covering 91% of FY '26 targeted revenue and around 70% of FY '27's, providing multiyear revenue visibility.
Increased Operating Profit and Margin
The group delivered an adjusted operating profit of GBP 159 million with a margin of 3.9%, progressing towards the long-term target of 4% to 4.5%.
Strong Cash and Dividend Growth
Net cash position improved to GBP 204 million, with a significant improvement in average month-end net debt to GBP 49 million. The dividend increased by 38%, and a GBP 20 million share buyback was launched.
Infrastructure Services Growth
Revenue grew by 7% in Infrastructure Services, driven by HS2, water, and nuclear projects.
Property Business Expansion
The capital deployed in the Property business increased, with a long-term target of 15% ROCE, enhancing shareholder returns.
Sustainability and ESG Progress
The company achieved a 71% reduction in Scope 1 and 2 emissions since FY '19 and a 26% reduction in accident incident rate.