Statom builds £617m order book after board strengthened

The Essex-based group, based as a concrete contractor in 2020, lifted income 15% to £184m within the yr to 30 November 2025 as development in infrastructure, civil engineering and specialist foundations offset a slower residential market.

However pre-tax revenue dipped to £6.8m from £8.7m final time because the agency absorbed heavy funding in new administration programs, technical employees, workplaces, plant and equipment.

Working margin eased from 6.6% to 4.9% as Statom additionally felt the impression of adjusting workload combine and inflation on key supplies.

Statom group chief government Stan Nikudinski mentioned the spending was wanted to assist “substantial development” in the course of the yr and put together the enterprise for additional enlargement in 2026.

The broader Statom group closed the yr with a secured order e-book of greater than £617m, equal to round 3.3 occasions annual income.

Statom mentioned it had decreased its historic reliance on residential work by rising exercise in infrastructure, ports, civil engineering and vitality, giving the enterprise robust visibility into 2026 and early 2027.

The group has additionally strengthened its in-house technical functionality, supporting its push into extra complicated infrastructure and vitality tasks.

Nikudinski mentioned: “Throughout the yr, the combination of Apex Core Engineering, Franki Foundations, and Slipform Expertise inside the wider group additional strengthened our in-house technical functionality and lifecycle supply capability.

“These divisions, supported by our civil, MEP, and remediation groups, allow Statom to ship complicated engineering-led tasks with minimal reliance on third-party contractors.

“This self-delivery method has confirmed notably worthwhile on main regeneration, vitality, and infrastructure programmes, the place technical collaboration and design assurance are vital to success.”

The group nonetheless ended the yr with internet property as much as £29m from £25.5m, though money decreased to £21.3m from £27.9m after a £25.7m capital funding programme.