Those same 100 companies generated profits before tax of £734m, which is down 38% on the figure for last year. But even before the pandemic struck, profitability was struggling. Overall, 70 of the Top 100 companies saw turnover increase in the past year, with revenue at the leading company, Balfour Beatty, nearly twice the size of second-placed Kier.Ī year ago, only 66 of the Top 100 construction firms reported revenue growth, so this year's figures should be reassuring. In their latest set of accounts, the total aggregate turnover recorded by the UK's Top 100 construction firms was £75.5bn. Menu Fast Index My Account FREE Newsletters The Construction IndexĪs construction companies digest the implications of the Covid-19 pandemic, our latest study of the Top 100 UK construction firms shows that finances were weakening even before the outbreak began.
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