Archer said the group's future growth depended on increased infrastructure spending. The government wants to spend £180bn on transport over the next 10 years.
Archer said: "Government spending is driving our order book growth."
Parkman also recently moved into social housing after winning a contract to repair and maintain all Westminster council's social housing.
The company, founded in 1888, operates in the transport, construction, environment and water sectors. It has 1100 staff and 21 offices in the UK and Ireland.