en.Wedoany.com Reported - Construction and interior fit-out company Willmott Dixon has set a record £4.4 billion forward-looking project pipeline, with CEO Graham Dundas calling 2025 a "year of real momentum." Despite slow project progress this year, the five-year pipeline has grown 31% year-on-year, including £1.3 billion in projects at the pre-construction commissioning stage and £2.6 billion in order backlog.
In terms of financial performance, the company's turnover fell slightly to £1.11 billion, but underlying pre-tax profit edged up 2% to £29.1 million. Trading in the 2026 financial year remains strong, with over £500 million in new work secured as of the end of April.
Graham Dundas stated that every division of the group made a substantial contribution to underlying profit, and the record £4.4 billion forward-looking project pipeline is expected to translate into contract awards in the coming years. He emphasized that the company's performance reflects its principle of selectively focusing on projects where it can bring the best skills and expertise to clients.
Dundas also noted that the company plans to grow in a prudent and planned manner by deepening long-term client relationships, strengthening framework agreement positions, and further expanding expertise in Passivhaus and net-zero delivery. He mentioned that the UK government's commitment to investing £725 billion in infrastructure over the next decade reinforces the sectors where Willmott Dixon is most active, including education, healthcare, defense, and properties meeting stringent net-zero standards. The company's ability to secure opportunities through framework agreements in these sectors remains strong.
Next year, Willmott Dixon will celebrate its 175th anniversary as a privately owned company. Dundas said the company's record cash position, zero debt, and strong order backlog provide a solid foundation amid the current uncertain geopolitical environment.
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