Acquisitions pay-off for United Infrastructure

Grant Prior 2 weeks ago
Share

A string of acquisitions and getting out of the new homes market has allowed United Infrastructure Group to post a strong set of results for its continuing business.

The company operates in the support services sector, providing essential services to the owners and operators of UK critical utility and social infrastructure assets.

Results for the year ended 31 March 2026 show revenue up to £846m from £718m while operating profit from continuing operations increased to £33m from £11m.

Including a £41m loss from the discontinued house building business and interest payments, the group reported a pre-tax loss of £93m up from a loss of £43m in the prior year.

During the year the company made a number of acquisitions:

  • Peter Duffy (May 2025) – a civil engineering specialist in Water Infrastructure
  • Glenelly (June 2025) – a majority stake in a low‑voltage power distribution business
  • Wood’s Transmission & Distribution business (December 2025) – providing a strong foothold in the high‑voltage market
  • Simkiss Group (February 2026) – an engineering solutions provider across gas, water, power and data centres

In March 2026, the management buy-out of the Group’s New Homes business was completed. This followed the announcement, made early in the financial year, that the Group was winding down the New Homes business and would no longer be taking on new work.

Neil Armstrong, CEO at United Infrastructure said: “We’re thrilled to report a record year of performance for United Infrastructure, with a robust cash position and a growing secured order book that reflects the confidence our clients place in us.

“The long-term drivers across our markets – decarbonisation, resilience, digital connectivity and modernisation of essential infrastructure, continue to accelerate, creating sustained demand for the services we are built to deliver.

“Our recent strategic acquisitions have further strengthened our capabilities across power, water, engineering and emerging sectors such as data centres, enhancing the value we bring to clients navigating the UK’s energy transition.”

Latest news

Investment giant acquires Phoenix ME

Deal set to accelerate growth strategy at M&E specialist
6 hours ago

VINCI UK profit jumps 51% after group overhaul

Highways, civils and FM Conway acquisition lift earnings as turnover approaches £3bn
10 hours ago

Clancy Consulting administration move sheds historic liabilities

70 jobs safeguarded as core civil and structural engineering business survives
10 hours ago

Multiplex gets start date for City Road 36-storey tower

Main construction to get underway this quarter
1 day ago

Bellway beats build target despite weaker buyer demand

CEO calls for Stamp Duty cuts and first-time buyer help to revive housing market
10 hours ago

Trade credit insurer could cut cover for Vistry suppliers

Allianz Trade reportedly reduces credit limits as house builder battles to cut £470m net debt
1 day ago

Bricklayer breaks back after falling through roof

Contractor fined £20,000 for safety failures
10 hours ago

M&E specialist ACES files administration notice

Avon Combined Electrical Services expanded into the capital last year to win larger jobs
1 day ago

Portsmouth picks ECF for 2,300-home city centre regeneration

Council finally advances ambitious City Centre North regen plan
1 day ago

Newcastle office block plan unveiled

12-storey scheme to be latest addition to One Founders Place
1 day ago

Eric Wright to start £65m Tebay-style M56 services

Yates starts groundworks on Cheshire motorway services
1 day ago

Plans in for retrofit of London Charing Cross office icon

Major retrofit plan keeps 90% of iconic 1990s office building
2 days ago

Higgins lands Brentford estate revamp

Construction to start this autumn on 182-home scheme
1 day ago

Kier bags biggest sewage treatment job yet

Firm signs ECI deal on £265m Thames Water AMP8 treatment works upgrade
4 days ago

Plan in for 53-storey Birmingham build to rent tower

42 High Street tower near the Bullring could be Birmingham's tallest building
4 days ago

HG seals hat-trick of Gateway 2 project approvals

Bristol, Manchester and London schemes will deliver 664 homes and student beds
4 days ago

Farrans to build new Stansted skylink walkways

Sections to be built "offsite" in vacant airport hangar
5 days ago

Ceiling specialist Zentia went down owing suppliers £5.6m

Unsecured creditors left holding worthless invoices
4 days ago

Mears secures £4.2bn pipeline after contract winning spree

Housing upkeep giant lands £1.4bn of work as Birmingham deal leads bumper order book
5 days ago

Construction buyers see first signs of a turnaround

July data shows construction market starting to stabilise
5 days ago

£90m bid race for iconic Foster museum revamp

UAE's Sainsbury Centre museum to get new envelope and low-carbon building services
5 days ago

Persimmon sharpens axe on costs as inflation threat grows

Builder targets procurement savings as inflation clouds outlook
5 days ago

Multiplex tops contracts league with £400m office job

July order haul among Top 50 contractors edges up 3.5% in July
5 days ago

Forshaw Demolition goes into administration

Bolton based specialist worked on packages up to £2m across the country
5 days ago

Panattoni submits plans for 1m sq ft Kent scheme

70-acre site to become major industrial and logistics scheme
5 days ago

Public work bidders face 20% jobs and skills hurdle

Firms chasing government work face tougher job creation and pay scoring from January
5 days ago

Orbit unveils £1.4bn long-term housing works pipeline

Bid race for five regional lots covering planned maintenance, remediation and major projects
6 days ago

Yorkshire Water sounds out market for £3bn AMP9/10 plan

Early market engagement begins for decade long £330m a year programme
6 days ago

Ibstock makes £27m loss as brick demand dives

Mothballed plants lead to large impairment charges
6 days ago

Gatwick second runway cleared after court challenge fails

Final legal challenge dismissed as £2.2bn build moves towards site start
7 days ago