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Wates news

Wates CEO: £2bn turnover no longer a targetSubscription

Wates is no longer targeting becoming a £2bn-turnover company, its chief executive has told Construction News.

Wates improves profit and increases order bookSubscription

Wates’ profits edged up by 1 per cent on slightly reduced turnover in 2018, its latest results show.

Kier suffers £36m half-year lossSubscription

Kier has reported a pre-tax loss of £35.5m in the first half of its financial year.

Eastenders set procurement 'costly and ineffective'Subscription

An investigation by the Public Accounts Committee (PAC) has determined the BBC’s procurement approach to the rebuilding of the Eastenders set (E20) was ineffective and increased project cost.

Kier appoints Andrew Davies as CEOSubscription

Kier has unveiled former Wates boss Andrew Davies as its new chief executive officer.

Wates features and analysis

Top 50 soars as McAlpine triumphs in October
The monthly top 50 contractors league passed the £4bn mark for only the second time this year as Sir Robert McAlpine scooped a first win in 17 months.
Wates reinvents Chelsea cinema on famous King's Road
In the prestigious west London neighbourhood Cadogan Estates is turning a 1930s icon of the famous King’s Road into a cutting-edge development.
Contract wins grow year on year to £3.1bn
Mace took a narrow victory in September’s contractor league as the combined value of wins settled down after a rocky few months.
Contracts hit 21-month low in July league table
The value of the top 50 contract wins table hit its lowest point for nearly two years in July as Kier notched up yet another league triumph.
Stability reigns over top 50 contractors in June
Activity across the top 50 contractor league once again held relatively steady in June as Multiplex claimed the summit for the first time since January last year.
McAlpine slips down annual league while Wates tops May
Steady top-50 activity in May saw Wates bag its first ever monthly league top spot and Sir Robert McAlpine fall back in the annual table.
Canada Water: CN tours British Land’s £4bn mega-project
British Land is leading a £4bn transformation of Canada Water. Project mastermind Roger Madelin takes CN around a site that is catching the eye of industry heavyweights.
Contract wins plummet in March as Balfour tops table
Top-50 contract wins were down month on month and year on year in March as Balfour pipped Kier to the league summit.
Wembley Park pushes Wates to satisfy tough client
Quintain has tasked Wates with delivering hundreds of homes to high standards as a neglected corner of London is turned into a thriving community.