Business barometer Dutch firm heads March table as Balfour Beatty returns to top of annual list
Dutch-owned contractor HBG bounced back to the top of the monthly contractor’s tables after pocketing £253m worth of work in March.
But the £101m garnered by sixth-placed Balfour Beatty over the month was enough for it to regain pole position in the 12-month table, jumping over Laing O’Rourke, last month’s top earner. Balfour’s haul is now £3.9bn against Laing O’Rourke’s £3.3bn.
Kier, last month’s top earner, tumbled to number eight during March with £73.8m worth of contracts over the month. But Kier held on to third place in the yearly table with £2.4bn, ahead of HBG with £2.1bn.
HBG’s return to the monthly table – after February’s absence – was boosted by its victory in a brace of education tenders: a £95m contract to design and build a new facility for Harrow College in west London and a £38.5m contract to design and construct a college building for Newcastle-under-Lyme college. HBG also bagged a private sector contract worth £67m for developer Derwent in London.
Carillion and Leadbitter also basked in the first month of spring. Carillion jumped 20 places to take the number-two slot with £237m worth of work. The bulk of the cash was generated by winning the £156m Lumiere development in Leeds, which will involve the construction of two mixed-use high-rise towers in the west end of the city.
Oxford-based contractor Leadbitter was catapulted into the top 30 for the first time this year with a monthly haul of £160m. Leadbitter’s total was buoyed by a £25m contract with Newport council, part of the Building Schools for the Future programme.
Wates was another big mover, climbing from 18 last month to number seven after clinching a £35m contract for the refurbishment of the National Audit Office’s headquarters in London. Wates was also boosted by winning a £22m contract to build a library at Canterbury Christ Church university.
See attached graphic for industry rankings.
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Barbour ABI’s figures include UK contracts with a value of £100,000 or above, and all work awarded by negotiation or competitive tender, including residential and civils work, unless stated otherwise.
For more industry rankings click on the league tables link at www.building.co.uk