Our three market segments

Matthew Lester, Chairman

Andrew Davies, CEO
Well-placed to drive sustainable growth underpinned by a
strong balance sheet

Delivering the medium-term value creation plan
Key investment proposition - Well-positioned to deliver the medium-term value creation plan through value accretive earnings-led business model.
Our strategy - To be the UK’s leading infrastructure services and construction company through disciplined growth, consistent delivery and cash generation.
Marketplace - We have attractive market positions in growing markets and are aligned to the UK Government’s investment priorities.
ESG report - We have launched a new sustainability framework, ‘Building for a Sustainable World’, which reframed sustainability away from being an environmental specialism to being a strategic and business critical mindset.

Resilient and well-balanced Group underpins the medium-term value creation plan:
The Group is now focused on delivering its medium-term targets:
- Revenue: £4.0bn to £4.5bn
- Adjusted operating profit margin: c.3.5%
- Cash conversion of operating profit: c.90%
- Balance sheet: sustainable net cash position with capacity to invest
- Dividend: sustainable dividend policy: c.3 x cover through the cycle
Performance Excellence
In order to introduce a consistent approach in how we develop and manage our people, processes, projects, costs and our future ways of working, we launched Performance Excellence.
Our values
Our values underpin and support everything we do.
These are:
How we add value
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Building a sustainable future
Our sustainability framework, 'Building for a Sustainable World', expands on our existing work undertaken on environmental protection and the creation of social value. Sustainability is critical to our purpose. We view it as a strategic and business mindset.
"The new decade for sustainable delivery began with a very clear message that we have changed our world, and not for the better. It is imperative that we move beyond the ‘green’ rhetoric and deliver credible and transparent change.”
Jo Gilroy, Head of Sustainability & Environment