Turnover at Winvic Group edged down 1% to £1.003bn in the year to January 2026 from last year’s peak with pre-tax profit also slipping to £30m from £32m. That pushed operating margin down to 2.5% from 2.8%.

Despite the softer result, Winvic said it was strongly placed to resume growth with a £1.68bn forward order book and 85% of forecast 2026/27 turnover already secured.

The contractor expects revenue to edge up to £1.06bn this year and raised head count by around 11% to 650 staff.

Winvic said was also targeting further civils growth through highways frameworks and opportunities in rail, water and energy.

The group completed 31 building projects during the year alongside 42 National Highways Scheme Delivery Framework jobs, while starting 34 new projects and 16 further SDF schemes.

Industrial and logistics remains the group’s biggest market, with 23 projects completed and 22 started during the year.

In total, Winvic has now delivered 110m sq ft of industrial space and is widening its reach into the fast-growing data centre market with a dedicated sector team.

Multi-room remains another major workload stream, although Winvic said Building Safety Act requirements and Building Safety Regulator approvals continue to delay decision-making and project programmes.

During the year it completed five BTR and student schemes delivering 3,161 homes and beds, while signing six more contracts covering 4,228 homes and beds.

Cash remained strong at £110m, down from £125m, while net assets fell to £64.7m from £74.9m after £32m was paid out in dividends.