Willmott Dixon and Fortem have announced their financial results for 2025, highlighting significant growth and a robust pipeline that positions them well for the future. This development is crucial for the construction and property services sectors, as it underscores the potential for continued expansion in key areas such as healthcare, education, and social housing.
What Happened
Willmott Dixon reported an underlying profit before tax of £29.1 million for the year ending December 31, 2025, a slight increase from £28.6 million in 2024. Despite a small drop in turnover from £1.16 billion in 2024 to £1.11 billion, the company boasts a record £127.3 million in cash with no debt and a £45 million undrawn credit facility. Notably, its order book stands at £2.6 billion, with a forward pipeline of £4.4 billion over five years, marking a 31% increase from 2024. This includes £1.3 billion in pre-construction appointments.
Graham Dundas, CEO of Willmott Dixon, emphasized the company's strategic focus on projects that align with their expertise, particularly in Passivhaus and net zero delivery. The UK government's commitment to £725 billion in infrastructure investment over the next decade is expected to benefit areas where Willmott Dixon is active, including education, healthcare, and defense.
Fortem, Willmott Dixon's sister company, reported a 22% increase in underlying profit before tax, rising by £1 million to £5.5 million. The social housing-focused property services specialist saw its turnover increase to £213.3 million from £208.6 million, with £8.2 million in cash and no debt. Fortem secured contracts worth £230 million for retrofit, capital works, and repairs, completing 3,000 retrofit installations and 21,789 capital elemental improvements.
Managing Director Judy Hegarty highlighted Fortem's transformation into an integrated property asset management partner, stressing the importance of long-term partnerships in addressing the complex challenges facing social housing providers.
What This Means for Your Business
For AECM professionals, these results indicate a strong market opportunity in sectors aligned with government infrastructure priorities. Willmott Dixon's focus on net zero and Passivhaus projects reflects a growing demand for susta
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