Beard breaks company record with latest results

Grant Prior 2 months ago
Share

Family-owned construction firm Beard has enjoyed the most successful trading period in its 133-year history.

Fraser Johns
Fraser Johns

Latest results for the year to 31 December 2024 show turnover up to £198m from £179m last time as pre-tax profit ticked-up to £5.2m from £4.3m

The strong performance was underpinned by the completion of 43 projects from its offices in Bristol, Guildford, Oxford, Southampton and Swindon.

Beard’s newest office in Southampton, which opened in January 2024, successfully achieved its initial targets by turning over £4.8million.

Finance director, Fraser Johns, said: “Having laid the foundations in 2023, we worked hard to continue this momentum into 2024 and are pleased to once again to report strong results.

“We’ve delivered projects for our customers across all our specialist sectors, including education, leisure and commercial. It was also an outstanding year for our special projects teams.

“While it’s been a more favourable trading environment from that of recent years, a continued focus on the basics of building construction has been a key driver.

“We start 2025 with a healthy pipeline of work, supporting our ambitions for further business improvement and growth.”

Fraser added: “This wouldn’t have been possible without our skilled and supportive supply chain who help us to deliver prompt and faultless work for our customers, and our project partners, who trust us with their visions.

“A huge thank you must also go to all our Beard colleagues who are dedicated to delivering the very best on every project, as well as continually developing themselves and staying true to Beard’s values. It’s a collective success for us all.”

Latest news

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
16 hours ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
16 hours ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
16 hours ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
20 hours ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
20 hours ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
20 hours ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
21 hours ago

Van Elle sells HGV fleet to haulage firm

WS Specialist Logistics pays £2.9m to take on fleet and drivers
20 hours ago

Buyers more bullish about prospects for year ahead

Residential "resilient" but commercial work a weak spot
2 days ago

Council backs first Brutalist car park-to-flats scheme

Newcastle-under-Lyme multi-storey car park to be reborn as pioneering homes scheme
2 days ago

Hinkley Point C hits peak build with 26,000 jobs

3,000 more workers to join as fit-out work ramps up
2 days ago

Over 40 firms win Wessex Water M&E minor works deal

Broad sweep of specialists picked for AMP8 programme
2 days ago

Spencer lands Scottish bridge hat-trick

Steelwork, gantries and bearing upgrades on Kessock, Forth and Tay crossings
2 days ago

Winners revealed for £1.5bn decarbonisation deal

Fusion21 confirms places for 40 firms: Full list
2 days ago

Cladding firm fined £225,000 after fatal fall

Court hears how cherry picker didn't reach all parts of repair job
2 days ago

Early call-out for Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
2 days ago

Completed buildings caught-up in Gateway 2 chaos

Developer distraught after dealing with Building Safety Regulator
3 days ago

Aviva submits plans for 34-storey City office tower

Subject to planning work to start in autumn 2027
3 days ago

Murphy takes 40% stake in Aussie civils contractor

Firm enters Australasian market with stake in Sydney-based contractor Abergeldie
3 days ago

Moat seeks firm for £420m repairs and maintenance deal

15-year deal to upkeep 20,000 south east homes
3 days ago

Lynch takes over hotel for Sizewell plant operators

Hire giant now in the hotel business to guarantee accommodation for workers
3 days ago

Subcontractors wanted across Scotland

Latest Constructionline event in Glasgow: Register now
3 days ago

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 week ago

1,650 former ISG staff launch legal claims

Redundancy Payment Service facing payout of more than £9m
1 week ago

Plans lodged for £1bn cancer research centre in Sutton

London Cancer Hub will deliver around 1m sq ft of lab and research space
7 days ago

London Met Uni seeks firm for £284m estate revamp

Contractor wanted to deliver capital works and FM
7 days ago

Delayed £2bn estate rebuild back on as Berkeley signs deal

Birmingham council development agreement paves way for 2028 Ladywood start
1 week ago

Tilbury Douglas boosts margin to 2.1% as profits double

Firm targets 3.5% margin by 2029 under new business plan
1 week ago

Subbies battle for fastest bricklayer title

Winchmore management team go back on the tools
1 week ago

Green light for revised McLaren Reading revamp

Mixed-use plans to transform Broad Street Mall site
7 days ago

Contractor services