The stats shedding light on headlines including Galliford Try’s latest profit margin, more moves at Carillion and lofty SBS targets.
-5.9% – Margins slump at Galliford
The contractor’s margin dropped after it reported £98.3m total exceptional costs for the year to 30 June 2017 to settle two legacy contracts in its infrastructure division. It will now shift its focus away from bidding for large infrastructure projects as a result of the exceptional losses.
874,000 – Number of self-employed jobs in the industry
This is among the highest on record, with self-employed jobs in the industry gradually increasing since 2008.
According to the data, there were 519,000 jobs in specialist construction trades, 39,000 in civil engineering, and 316,000 in the construction of buildings as of June this year.
£28bn – Capital’s infra investment on the up
The report from Arcadis also said the Northern Powerhouse region, which includes Manchester and Leeds, is due to see £13bn of combined infrastructure investment between now and 2021. The consultant called on the industry to implement a “step-change” in how projects are delivered to ensure supply can be maintained.
9 – months on the job
Mr Khan was one of a number of senior executives to depart the troubled contractor this week, alongside COO and former chief executive Richard Howson. Emma Mercer, finance director of Carillion’s UK construction business, has stepped up to the role of chief financial officer with immediate effect on a permanent basis.
£4m – Turnover target
The company formerly had a turnover of more than £10m but was forced to cut jobs after entering administration last month. The Wirral-based firm was bought out of administration by current MD Holly Davis and chairman Bernard Evans in a management buy-out.