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VolkerWessels

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VolkerWessels lifted by marine arm’s return to profit thumbnail

VolkerWessels lifted by marine arm’s return to profit

Turnover edged up 6% to £1.4bn in the year to December 2023 to generate a £39m pre-tax profit, almost level with the prior year. Average group operating margin fell back from 2.8% to 2.5% amid more challenging conditions at VolkerFitzpatrick and VolkerHighways. The marine and environmental infrastructure business VolkerStevin put its previous year’s loss of
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Flat profits for VolkerWessels thumbnail

Flat profits for VolkerWessels

VolkerRail contributed £162m to group revenueResults filed by VolkerWessels UK Limited for the year to 31st December 2023 show revenue up 6% at £1,433m (2022: £1,349m). Pre-tax profit was up 2% at £38.6m (2022: 37.7m). The value of the forward secured order book was down 22% at year-end to £1,343m (2022: £1,732m). Net assets at
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