3 days ago
6
GlobalData
Wed, Apr 16, 2025, 8:35 AM 2 min read
Caddick Construction Group, a UK-based company, has reported a important 12% maturation successful yearly turnover, reaching £356m ($468.4m) for the twelvemonth ending 31 August 2024.
This summation successful gross has propelled the company's pretax nett to £8m, with a unchangeable borderline of 2.4%.
The company's bid publication has besides seen a 7% growth, amounting to £750m, and year-end currency has risen to £32.8m from £31.9m. With nary indebtedness connected its books, Caddick Construction Group stated it is well-positioned for the future.
The results are portion of the 2023-24 figures for the wider Caddick Group, which comprises Caddick Construction, Caddick Developments, and Moda Living.
The radical reported a consolidated turnover of £606m, marking a 23% summation successful gross nett to £70m and nett plus maturation to £202m.
The institution has expanded its task pipeline crossed assorted UK regions, securing cardinal projects specified arsenic the Schneider manufacturing installation successful Scarborough and the enlargement of Loreto Sixth Form College successful Manchester.
Caddick Construction has besides been progressive successful the residential and concern sectors, with projects specified arsenic Upper Trinity Street successful Birmingham and Max Spielman's caller warehouse successful Wirral.
The 2023-24 yearly results for Caddick Construction Group besides incorporated the show of its 2 specializer subcontracting divisions: Caddick Civil Engineering and CCL Facades. Both businesses reportedly proceed to show sustainable maturation successful turnover and profitability.
Jessica Harmen, Caddick Group's caput of environmental, social, and governance (ESG) and sustainability, is spearheading the group's 'Places for Life' strategy, which focuses connected the cardinal ESG areas of communities, environment, and business.
Caddick Construction Group managing manager Paul Dodsworth said: “The past fewer years person seen the radical execute important operational and fiscal progress. We are determined to enactment with clients and partners that stock our values for prime and arsenic a result, the contracts wrong our bid publication bespeak the bidding subject and hazard absorption present embedded successful the business.
“Our strategy is to equilibrium our portfolio betwixt the nationalist and backstage sectors, increasing our acquisition and defence enactment pipeline alongside our halfway residential and concern sectors. This ensures unchangeable profitability to support our business, our people, our clients and our proviso chain.
“Over the past year, the Caddick Group has besides extended its committedness to having a affirmative interaction successful the places wherever it operates. We person made existent advancement successful our scope 1 and scope 2 emissions.”
English (CA) · 
English (US) · 
Spanish (MX) ·