CN100 interactive: Turnover, profits and margins
This year’s CN100 reveals that the industry’s top 100 contractors boast combined revenue of £67.33bn, up 4.5 per cent from last year’s table.
However, some of the industry’s leading firms have struggled to turn a profit, with the top 10 contractors posting an average pre-tax margin of -0.5 per cent.
The top 100 now report an average margin of 2.8 per cent, up from 2.4 per cent a year earlier, but the data shows there is still some way to go before contractors reach the 5 per cent margin target that a number of senior industry figures have called for.
The interactive graphic above shows firms ranked by turnover. The larger the marker, the higher the firm’s turnover. Companies coloured red reported a decline in turnover last year, while those coloured green saw turnover rise.
Balfour Beatty remained the largest contractor by turnover, while those with the highest turnover growth included Winvic, Henry Boot and Multiplex.
The graphic below is based on pre-tax profit. The larger the marker, the higher the firm’s pre-tax profit, while the darker the colour, the higher the company’s pre-tax margin.
The data shows that while some contractors have made large pre-tax profits, these do not always translate to higher margins, while other firms with a smaller turnover have made significant improvements to their margins – including Caddick Group, which reported a pre-tax margin of 12.7 per cent.