Bam eyes organic growth in 2018

By Hamish Champ2018-05-11T09:52:00

New CEO eschews acquisitions

Bam Construct UK’s new chief executive James Wimpenny has said the contractor wants to grow organically rather than by bolting on acquired businesses.

As the firm, which is carrying out work on Argent’s schemes at King’s Cross in London as well as its Paradise scheme in Birmingham, having taken over a job to complete a building being built by the collapsed Carillion, reported pre-tax profits of £19.3m for 2017 on turnover of £957.5m, down 11%, Wimpenny also said a “particular focus in 2018 would be on modernising our business management systems to align with the fact that we are becoming a digital data-driven business”.

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