Tilbury Douglas boosts margin to 2.1% as profits double

In 2024, the contractor elevated income by 7% to £542m however made a much bigger leap in profitability, with working revenue leaping from £3.8m to £11.5m, lifting its margin from 0.7% to 2.1%.

That shift marks a key milestone for the group in solely its second full 12 months as an unbiased enterprise, pushed by stronger performances in constructing, fit-out and engineering. Infrastructure additionally noticed huge features after a turnaround 12 months.

Tilbury Douglas secured over £637m of recent work through the 12 months and ended with a £1.26bn ahead order e-book, rising to £1.32bn by March.

This covers the 2025 income goal and 69% of 2026’s.

Chief government Craig Tatton mentioned: “Tilbury Douglas continues to get pleasure from enhancing efficiency, which brings monetary and enterprise stability.

“With a strong long-term order e-book, a technique well-aligned to nationwide wants, and proficient folks and suppliers, our group has a powerful platform to proceed delivering nice initiatives for our valued clients.”

Initiatives in training, well being, justice, defence and water now make up over 90% of income. Key 2025 wins embody new colleges, jail jobs, and the Barbican renewal.