Top 150 contractor analysis: At last we have something to cheer

Cranes construction building shutterstock

A look at the big contractors, where performances in line with expectations and balance sheet strengths rising are good reasons to be cheerful

“I am stunned at how well firms have done.” That is the frank assessment of analyst Stephen Rawlinson on the performance of the UK’s quoted contractors this year.

There has been one notable listed casualty in 2021: civil engineering specialist NMCN, which collapsed into administration in October and left unsecured creditors out of pocket by more than £60m. But others have fared better, completing equity raises to strengthen creaking balance sheets – notably Kier and Costain, which have both sealed deals since the pandemic struck last spring. “Not easy,” Rawlinson from Applied Value adds.


This is PREMIUM content, available to subscribers only

You are not currently logged in. Subscribers may LOGIN here.

SUBSCRIBE to access this story

Gated access promo

SUBSCRIBE for UNLIMITED access to news and premium content

A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders,  data and research - including our popular annual league tables. You will receive:

  • Print/digital issues delivered to your door/inbox
  • Unlimited access to including our archive
  • Print/digital supplements
  • Newsletters - unlimited access to the stories behind the headlines

Subscribe now 


Get access to premium content subscribe today