Bouygues E&S Contracting battles to return to profit

Aaron Morby 2 months ago
Share

Bouygues Energies & Services’ UK engineering contracting arm continued to struggle to return to profit last year after two torrid previous years when losses totalled £84m.

The engineering construction and maintenance specialist based in Motherwell said it made progress on most projects last year, including design and build of data centres and cleanroom facilities.

Revenue at Bouygues E&S Contracting UK across the year rose 9% to £130.6m.

But two loss-making contracts where technical difficulties resulted in project delays tipped the firm £4.7m into the red last year.

The firm is understood to be still nursing fallout from two biomass projects. One of the projects was a flagship gasification facility in Hoddesdon, Hertfordshire. The £60m advanced conversion treatment plant was expected to become operational in early 2017.

This saw Bouygues E&S Contracting UK plunge £50.5m into the red in 2018. The year before that the firm lost £33.5m.

Bouygues Energies & Services division’s larger hard and soft FM business faired better with revenue up a fifth to £231m generating a 50% jump in pre-tax profit to £10.3m.

Latest news

Sisk wins £260m Birmingham skyscraper

Moda picks Sisk for second major tower project in the city centre
13 hours ago

AECOM chief joins Kier as London building MD

David McKenzie to lead growth of London construction business
16 hours ago

Scaffolders take on 300 Government ‘kickstart’ youngsters

Fifty NASC contractors commit to industry work placement push
13 hours ago
NASC

£760m confirmed for East West Rail next stage

£34m released for plan to reopen Northumberland line from Newcastle to Ashington
1 day ago

Strong trading lifts hirer P Flannery revenue to £116m

Revenue soars to record high for fast-growing plant hirer
21 hours ago

Site demand soars for Covid killing spray tunnels

Battersea Power Station site latest to install personal protection tunnels
21 hours ago

CSCS skills cards go virtual

Workers can now hold cards on their mobile phones
20 hours ago

GMI starts final £27m phase of Sheffield office complex

Developer Scarborough Group International commits to latest scheme
20 hours ago

St Modwen starts on speculative logistics site

Developer starts demolition work on major Basingstoke site
20 hours ago

Keep the industry updated by joining the Enquirer Directory

Membership lets construction know you are open for business as recovery gathers momentum
6 days ago

Over 50 jobs axed as steelwork contractor collapses

Conder Allslade placed in voluntary administration
4 days ago

Henry Construction wins London City Road tower

Work to start shortly on 22-storey red-brick skyscraper project
4 days ago

Galliford Try poaches HS2 civils contract boss

David Lowery joins as operations director, responsible for highways
4 days ago

BAM bags £29m Dartford high school

Work to start on Stone Lodge School in Kent
4 days ago

Go-ahead for 850-home west London TfL scheme

Bollo Lane trackside high rise residential scheme to be built in Acton
5 days ago

Sinkhole swallows homes on Manchester street

Collapsed sewer blamed for 10ft sinkhole
4 days ago

Bouygues to build latest Tower Hamlets resi block

Construction to start in March on 100 per cent affordable development
5 days ago

Scaffolders plan strike action at British Steel works

Scunthorpe site faces disruption as scaffolders take strike action over pay
5 days ago

Construction set to grow by 14% this year

'W' shaped recession and recovery as housing and infrastructure lead the way
6 days ago

Wates to start on Oxford university’s biggest building job

Planning green light means construction can start this summer on £200m Life and Mind Building
6 days ago

Builder crushed by falling pile of plasterboards

Suspended prison sentence for director after worker fractures pelvis
5 days ago

Graham tipped for £30m Birmingham tech hub

11-storey office project to be built  in the city’s Eastside area
5 days ago

18 housing groups team-up for offsite homes push

Northern housing bodies to switch from 'endless pilot projects' culture to build 9,000 homes
5 days ago

Winners named for £187m Surrey building framework

Ten secure spots on major projects lot for Spelthorne Borough Council
5 days ago

Galliford Try set to return to profitability

Contractor starts 2021 with a £3.3bn order book
6 days ago

Duo win design for £400m concrete roads renewal plan

Atkins and Aecom seal £39m design deal to upgrade 600 miles of concrete roads
7 days ago

Van Elle eyes strong recovery after challenging first half

Piling contractor confident market growth will drive return to profitability
6 days ago

£250m A1 Birtley to Coal House upgrade approved

Costain A1 upgrade job adjacent to the Angel of the North to start within months
6 days ago

Eric Wright to pave way for £180m Wirral Waters neighbourhood

Infrastructure package awarded on latest phase of transformation of River Mersey bank
6 days ago

May start for McAleer & Rushe £47m Leeds office job

12-storey City Square House project to start in May
6 days ago

Contractor services