Willmott Dixon hails record £4.4bn forward pipeline in “year of real momentum”

Construction and interiors company Willmott Dixon has hailed its highest ever forward pipeline despite muted progress over 2025.

The firm's £4.4bn five-year forward pipeline is up 31 per cent on the year prior – including £1.3bn of projects under pre-construction appointments – and with an order book of £2.6bn.

This is despite turnover dropping slightly to £1.11bn, though underlying profit before tax inched up 2 per cent to £29.1m.

Trading in the 2026 financial year remains strong, with more than £500m of new work secured by the end of April.

Graham Dundas, chief executive of Willmott Dixon, said: "2025 was a year of real momentum and a platform for future growth.

"Every part of the group contributed materially to underlying profit, and we have secured a £2.6bn orderbook with a record £4.4bn forward pipeline that we expect to convert into contract awards over the coming years.

"Our results reflect the discipline of our selective approach of focusing on projects where we bring the very best skills and expertise for the benefit of our customers.

"We intend to grow in a measured and calculated way, by deepening long-standing customer relationships, by building on strong framework positions and further extending our expertise in Passivhaus and net zero delivery.

"The government's commitment to £725bn of UK infrastructure investment over the next decade reinforces the sectors where Willmott Dixon is most active, including education, healthcare, defence, and property that reaches exacting net zero standards.

"Our access to opportunities in these sectors through our framework positions remains as strong as it has ever been.

"Next year, we'll be celebrating our 175th year as a privately-owned business.

"As we look to the future, our record cash position, zero debt and strong order book provide a strong foundation in the current uncertain geopolitical world."