Wates' profit edges up as order book tops £5bnSubscription
Wates’ profit edged up to £35.7m as the company’s order book topped £5bn in 2017, which chairman James Wates described as a “challenging year” for the industry.
Wates has agreed a £1bn contract to redevelop 12 council estates across the east London borough of Havering.
Mace clinched its first monthly league crown since September 2016 after finally signing the deal to deliver the £400m ‘Gotham City’ scheme in central London.
Three heavyweight contractors have landed places on a £300m London housing association framework.
James Wates has been appointed to chair a government panel set up to review how private companies are run.
Wates features and analysis
The contractor top 50 increased more than 20 per cent year on year in February as Mace signed a single £400m deal to claim first place in the monthly league.
Kier topped the contractor table for the second time in three months as the festive slowdown dragged overall wins to their second lowest total of 2017.
As a member of Build UK, this year Wates Group is opening up 12 of our sites from Norwich to Cardiff, Bristol to Leeds and Southampton to York as part of Open Doors 2018.
Construction is an industry full of characters – these are the 15 people to keep an eye on in 2018.
When Andrew Davies was appointed as Wates boss four years ago, the firm’s chairman James Wates said the industry was seeing “positive signs of recovery” post-recession.
The contractor top 50 came crashing back down to earth in September having hit unprecedented heights during the previous month thanks to HS2 wins.
Winner: Wates Group
Winner: Wates Group
Working on some of the UK’s biggest and most complex projects, our finalists for Contractor of the Year have stood out from the competition in a number of ways.
With health and safety at the forefront of construction, our eight finalists have gone above and beyond to ensure the highest standards are met within their businesses.
Project information management was the theme of a think tank hosted by Construction News in association with Autodesk, which brought together a multidisciplined range of senior industry figures.
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