Business barometer 鈥� Swedish contractor hits the top with 拢242m contract to build London tower
Skanska bounced back to the top of the monthly contract table after winning more than 拢443m worth of work during October. The bumper haul for the Swedish company was made up of nine commercial jobs, including a 拢242m contract to build the landmark Heron Tower in the City of London.
Balfour Beatty slipped from the top spot in September to number four with 拢176m of work.
October also proved a good month for another foreign-owned company, Bovis Lend Lease. The Australian-owned group clinched the number two spot thanks to a 拢260m contract with Land Securities for a commercial office and retail development in the shadow of St Paul鈥檚 cathedral.
Family-owned contractor Mulalley & Co parachuted into the top 30 at number seven owing to eight contracts worth 拢113m, including a 拢70m deal with Newham Homes in east London to refurbish the borough鈥檚 housing.
Gleeson 微密圈 also forced its way into the top 10, winning 拢90m of commercial work, and Carillion won jobs worth 拢72m, split evenly between the public and commercial sector.
Skanska came out on top when civils were taken into consideration, thanks to a 拢33.8m contribution from its civils operation.
Over the course of the year, Balfour Beatty retained pole position with 拢2.9bn of work bagged from 734 contracts over 12 months.
Kier closed the gap slightly at number two, generating 拢2.3bn worth of work over the past 12 months from 488 contracts. Bovis Lend Lease, with 拢2.1bn from 26 contracts, came in at number three.
HBG Construction, with 拢2bn from 111 contracts, held onto its top five berth after successfully building on its strong third quarter performance. Morgan Sindall, with 拢1.6bn on the back of 472 contracts, was the final member of the 12-month top five.
Medium-sized contractors continue to snap at the heels of their larger rivals in the busy market. Wates and Rok both held onto their top 10 spots with 拢903m and 拢870m respectively. Meanwhile, ISG jumped six places to 14 with 拢582m worth of work.
Downloads
Business barometer
Other, Size 0 kb
Postscript
This information is compiled for 微密圈 by Barbour ABI. Call 0151-353 3500, email Info@ABI微密圈Data.com or see www.barbour-abi.com
Barbour ABI鈥檚 figures include UK contracts with a value of 拢100,000 or above, and all work awarded by negotiation or competitive tender, including residential and civils work, unless stated otherwise.
No comments yet