The Northern Ireland-headquartered business, whose principal activities are building and civil engineering contracting, property development, the operation of landfill sites, and wholesale distribution, employed 872 direct employees in 2024 with many thousands more indirectly employed throughout the UK and Ireland via its supply chain.

Key highlights include a group turnover of £870.4m, thanks to a construction and civil engineering turnover of £782.7m. Group profit before tax reached £12m while its cash balance sits at £147m with no borrowings and net assets total £58.4m.

The figures highlight a turnaround in fortunes for the business following an £8.6m annual loss reported in February.

Philip Cheevers, group chief executive, said: “Our reported results show a return to profitability in the financial year, with all parts of the business contributing positively to performance.

“The business continues to benefit from a diversified portfolio of work in both the private and public sectors across our target industries, with a focus on winning new work via two-stage tender processes and frameworks, whilst developing long-standing client relationships.

“Looking forward, the current construction and civil engineering order book is in a positive position, with the majority of budgeted turnover secured for the financial year ahead.”

As well as reporting positive financial figures, the construction and civil engineering business averaged 44/45 in its Considerate Constructor Scheme (CCS) audits, retained its Platinum membership of The 5% Club, and achieved a Social Return on Investment (SROI) of 57%.

Continued progress has also been made on achieving net zero emissions (Scope 1 & 2) across the Group by 2030 with reported carbon intensity continuing to reduce against a 2020 base year figure.