UK construction company Willmott Dixon has reported a turnover of £548.1m ($729.39m) for the six months ending 30 June 2025 (H1 2025), a slight drop compared to £561.1m for the same period last year.
The group highlighted that it secured a record framework turnover in excess of £700m for 2025, following two contract extensions during the year.
More than £1bn in preconstruction work was also secured for 2025, with these projects expected to move into main contracts.
The company recorded profit before tax of £10.0m, in line with the previous year’s figure of £10.0m.
In H1 2025, Willmott Dixon confirmed its order book and pipeline exceeded £3bn.
Willmott Dixon reported a cash position of £122.0m at the end of the period, up from £109.3m a year earlier, and stated it maintained a debt-free balance sheet.
Willmott Dixon chief executive officer Graham Dundas said: “Willmott Dixon’s solid first-half performance demonstrates our excellent operational performance and the resilience and quality of our order book. Our continued focus on operational excellence and smart contract selection underpins the strong profit performance and cash position across the group.
“Looking forward, the scale of opportunity ahead of us is particularly exciting, as our market-leading position in key sectors pays dividends. With over £1bn of preconstruction work ready for conversion to main contracts and our record £700m-plus framework turnover this year, we're well-positioned for sustained growth.”
Framework turnover is forecast to reach an all-time high in 2025 as a result of the framework extensions, stated Willmott Dixon.
The company also said it extended its agreements with Procurement Hub’s Major Projects through to 2028 and with Pagabo Major Works to 2027.
Performance in the company’s education sector was notable, with Willmott Dixon having secured £700m to date via the current UK Department for Education framework.
The company noted that it has achieved the most contract wins of any partner on this framework during the past 12 months.
In conclusion, Willmott Dixon said: “We enter the second half of 2025 backed by strong financials, a record pipeline, market-leading positions, and a clear strategy for capitalising on the significant opportunities ahead.”
