BAM Construct UK has released its full annual report, boasting increased profits and a strong order book in 2018.

The firm's turnover was £949.8 million, down by 0.3% on 2017, but still showing consistency.

There was also a strong order book of £1.76 billion and no debt, with £83 million cash reserves.

James Wimpenny, Chief Executive of BAM Construct UK, said: "Our customers appreciate the consistent performance we deliver, both in our operations and in our balance sheet.


"Our increased profitability reflects our business reducing risk by selective tendering and working smarter. Ultimately this consistency benefits both us and our clients in a sector which has experienced recent instability.

"We are assisted by having a good balance of work between the private sector (58%) and public sectors (42%) and 65% of our work is repeat business, as clients that we have worked with before re-engage us. That is something I believe shows that our collaborative culture is one that our clients appreciate adds value to their projects. I am also pleased with progress at our growing FM business."

The company also reduced its carbon emissions (tCO2e) by 13% to an all-time low of 11,488 tonnes.

BAM Construct UK has seven operating companies in the construction sector, plus separate businesses for plant hire, services engineering, facilities management, property development and design.