Ferrovial improves UK profits
For the year to 31st December 2024, Ferrovial Construction (UK) made a pre-tax profit of £14.1m (2023: £5.5m) on revenue largely unchanged at £532m (2023: £527m).
The £1.2m working loss considered in 2023 was an working profit of £7.1m in 2024.
The Spanish civil engineering contractor targets colossal complex projects in the UK, typically in joint mission, which as a result can manufacture its turnover and show book oscillate. In 2023 Ferrovial Construction (UK) won no contemporary work. The show book had been price £1bn before everything of 2022; by the end of 2023 it was down below £650m.
On the other hand, this day, because of the its of £1,800m HS2 display screen systems contract in partnership with Bam Nuttall and the £230m National Grid Tilbury Grain Kingsnorth toughen project with Bemo Tunnelling, the show book stands at nearly about £1.4bn.
The annual file reveals that the easiest paid director, presumably managing director Karl Goose, seen his complete emoluments for the year expand by 25% from £421,000 to £526,000
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