The privately-owned group grew turnover to £1.37bn from £1.29bn in the year to 31 August 2025, while operating profit surged by around a third to £47m as margins improved across the business from 2.7% to 3.5%.

Performance was underpinned by tight cost control and a strong pipeline of framework and repeat work, helping offset wider market pressures and elongated project timeframes.

B+K’s balance sheet remains one of the strongest in the sector, with net assets rising to £672m and year-end cash holding firm at £477m despite a year of investment. Interest on cash raised nearly £21m alone.

The contractor used that firepower to ramp up its property portfolio, increasing investment holdings to £111m from £67m as it moved quickly to take advantage of softer market conditions.

It also pushed further into fit-out last year, launching a new specialist division, Your Space by B+K, and acquiring Denton Associates in a £21m deal to strengthen its interiors offer.

Headcount increased sharply to 2,252 from 1,962 as the group scaled up delivery capacity across its contracting and development arms.

Dividend payouts nearly doubled to £16.2m, reflecting continued strong cash generation.

Chairman Jack Kirkland said the group’s collaborative model and financial strength positioned it well to respond quickly to opportunities, particularly through joint ventures and development activity.

He added that the business remained confident in both the short and long-term outlook despite ongoing uncertainty across construction markets.