Construction and interiors firm reports highest ever forward pipeline

Willmott Dixon has hailed its highest ever forward pipeline after reporting a solid 2025 performance.

The construction and interiors specialist’s £4.4 billion five-year forward pipeline is up 31% on the previous year – including £1.3 billion of projects under pre-construction appointments – and with an order book of £2.6 billion.

This is despite turnover dropping slightly to £1.11 billion, although underlying profit before tax inched up 2 per cent to £29.1 million.

Among the projects recently completed by Willmott Dixon is a new multi-storey car park at Royal Derby Hospital.

The firm said trading in the 2026 financial year remains strong, with more than £500 million of new work secured by the end of April.

Chief executive Graham Dundas 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 £2.6 billion order book with a record £4.4 billion 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 £725 billion 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.”

However, the contractor said rising costs linked to geopolitical uncertainty could put fresh strain on the industry.

Graham added: “Across our industry, prices are coming under strain, and I’m conscious that our supply chain partners will be feeling rising costs most acutely.

“We remain far from complacent about the wider economic picture, including the risk of renewed inflation from geopolitical events.

“We are alive to the very real risks around cost inflation and supply chain resilience.”