Henry Boot Covid tests show no greater risk from construction

Grant Prior 3 years ago
Share

Covid tests carried out by Henry Boot have revealed no greater risks of infection for those working on construction sites.

Chief Executive Officer Tim Roberts detailed the firm’s response to the pandemic in its latest set of annual results released today.

He said: “The safety and welfare of our people, customers, supply chain, and the communities in which we operate have been the key priorities in Henry Boot’s response to the Covid-19 outbreak and I’m relieved to say that the safety procedures we have installed have allowed us to continue operating safely.

“We have monitored infection rates closely using lateral flow testing, including in our largest construction site at Barnsley, and there is no data to suggest that the people who have been working on site and in our depots have been at greater risk.

“Whilst I want to thank everyone at Henry Boot, I would like to give special thanks goes to those who have worked on site or in our depots so effectively, away from the relative safety of home working.”

Pre-tax profit for the year to December 31 2020 fell to £17.1m from £49.1m last time as turnover dropped to £222.4m from £379.7m.

But the impact of the pandemic wasn’t as bad as first feared and Roberts said the balance sheet was “rock solid” with £38.5m of cash in the bank.

Henry Boot is now looking to expand with a focus on the three areas of industrial and logistics, residential and urban development.

The construction division generated an operating profit of £6.5m from turnover of £86.2m with activity levels recovering to 95% of pre-pandemic by the end of the year.

Roberts said: “We have had a good start to the year securing new opportunities and are now ahead of our expectations having already secured a full orderbook for 2021.

“We are still receiving good tender opportunities and are well placed as the economy recovers through our presence on nine public sector national and regional frameworks, where we expect spend on construction projects will be maintained by the Government’s Build Back Better policy.”

Latest news

Gas supplier Regent to buy TClarke for £90m

£491m turnover listed building services specialist to be sold
36 mins ago

McGee employees benefit from rise in profits

Pre-tax profit doubles boosting payouts for Employee Ownership Trust
57 mins ago

Lendlease veteran is latest new McAlpine director

Paul Sims joins as Operations Director after 40 years at rival contractor
16 hours ago

Costain signs site labour supply deal with four firms

Contract to use only a quartet of providers for temporary labour supply
15 mins ago

BAM go-ahead for Leeds 200,000 sq ft office

Latitude Yellow will complete final plot at Doncaster Monk Bridge site
15 hours ago

VolkerFitzpatrick wins £30m logistics job

Latest deal to build five distribution units for Prologis UK
17 hours ago

Trio win new Scape utilities consultancy framework

Perfect Circle, AtkinsRéalis and Arcadis win places on
8 mins ago

Precast firm FP McCann cleared after immigration raid

Home Office takes no action after public raid on construction site
24 hours ago

Wates-owned SES restructure delivers record profit and revenue

Building services contractor revenue soars to almost £300m
23 hours ago

25 groundworks firms win £100m Places for People deal

M&J Evans, Carmac and Churngold Construction feature in housing association's line-up
24 hours ago

Energy efficiency firms angry at lack of CITB support

SME contractors funding bid "does not meet the current criteria for supporting productivity or EDI"
24 hours ago

£400m South Cambridge science park approved

Outline approval allows former sewage treatment works to be demolished
24 hours ago

McLaren gets green light for 45-storey Leeds tower

Landmark Wellington Square scheme will see 464 flats built with 360,000 sq ft of offices
4 days ago

Heavy rain causes 1.9% construction output fall

Hopes remain undampened of a resi-led recovery this summer
4 days ago

Taziker restruture to return to profitability after £1.2m loss

Founders bought the business back from private equity after last year's loss
4 days ago

£220m London wharf homes scheme approved

285 homes to be built beside protected Albert and Swedish Wharves in Wandsworth
4 days ago

Major project veteran named civils director for Sizewell C

David Speight previously worked on Hinkley, Heathrow and HS2 client teams
4 days ago

Morgan Sindall lands £19m Milton Keynes hospital job

Crane lifts to be carefully co-ordinated to ensure air ambulance remains active
5 days ago

Clancy bolsters civils leadership team

Daniel Tonkin and Simon Hyams join as operation directors of water and infrastructure
5 days ago

Balfour names new project boss for HS2’s super-hub station

Steve O’Sullivan replaces Nigel Russell who was promoted to CEO of Balfour's HS2 ops
5 days ago

Buckingham Group supply chain hit doubles to £256m

Total owed to unsecured creditors soars as surety providers finalise claims
5 days ago

Builders demand an end to police plant bans

Call to suspend all embargoes on moving mobile cranes and large site kit
5 days ago

Green light for £65m Blackpool multiversity campus

Education campus of 350,000 sq ft will be delivered in phases
5 days ago

Vinci signs £138m Sheffield steel forge expansion deal

Sheffield Forgemasters signs landmark contract after two years of pre-construction works
6 days ago

McAlpine hires HS2 programme boss to head defence arm

Armed forces logistics expert Mike Hickson takes role as MD of defence
6 days ago

£200m carbon capture plan for Deeside site

Energy from waste operator enfinium looking to invest in North Wales plant
5 days ago

McAleer & Rushe promotes five staff to contracts directors

Design and build contractor targets £500m revenue next year
6 days ago

Consultant quartet win Government estate upgrade deal

Government Property Agency selects Arcadis, Tetra Tech, AtkinsRéalis and McBains
6 days ago

Resi towers pioneer to transform Liverpool site

Beetham founder Hugh Frost to help develop 1,200 new homes
7 days ago

Construction Manager of the Year crowned

Galliford Try's Barry Kingscote wins coveted prize: Full list of winners
6 days ago

Contractor services