VolkerWessels UK announces financial results for 2024
London, 18th August 2025 – VolkerWessels UK is pleased to announce its financial results for the year ending 31 December 2024, marking a year of strong performance and continued growth across all areas of the business.
New Wear Bridge, VolkerStevin
The Group generated a profit before tax of £48m, which equates to a return of 3.2%EBT, building on the progress from the previous year.
This success reflects a strategic focus on high quality operational delivery, good governance, collaboration with trusted supply chain partners and securing the right profile of contracts. The dedication, resilience, and skills of VolkerWessels UK’s people have been central to the achievements.
All business units contributed to our success, with momentum within the infrastructure and renewable energy sectors and steady workloads in other areas. This is combined with robust governance which continues to reduce the impact of legacy loss-making contracts.
Richard Offord, CEO of VolkerWessels UK
Commenting on the results, Richard Offord, CEO of VolkerWessels UK, said:
“We are incredibly proud of the direction our business is heading in; despite the economic challenges we faced in recent years. Our strong performance is a testament to the outstanding work delivered by our teams across the Group and our focus on selecting the right work for us and our supply chain. We are pleased to see each of our Business Units contributing to our overall success.
In 2024 typical infrastructure projects included, Heathrow Southern Runway resurfacing, Strategic Pipeline Alliance, Radlett Strategic Rail Freight Interchange, Tay Bridge re-waterproofing and extending our highways term maintenance contract with Bath and North East Sommerset council.
Looking ahead, we remain focused on supporting the UK government’s infrastructure spending strategy and continuing to operate in critical infrastructure markets, including transport, water and energy.
We will continue to empower our highly skilled people to deliver sustainable and innovative engineering and construction solutions in a safe and secure way.”