Firm said trading last year was in line with expectations
Henry Boot has warned that profit this year will be below forecasts, the developer and housebuilder said in a trading update this morning.
The firm, which sold its construction business to its management at the end of last year, warned 2026 profit will be “significantly below current market expectations” which had been expected to be £33.6m.
It blamed “subdued transaction activity and the wider macroeconomic uncertainty” for the warning and said that, following the sale of its construction business, it “entered 2026 with a lower forward sales position across the group”.
The firm also said results would be hit by the end of a 30 year PFI contract, called Road Link, to look after the A69 between Carlisle and Newcastle which was being handed over to National Highways in March.
It said trading last year was in line with expectations and the firm said it was on track to hit a pre-tax profit of £29.7m. Henry Boot is due to announces its 2025 results on 24 March.
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