About
Strategy and KPIs
Our strategy
Pursuing organic growth for the Group through the exceptional performance of our businesses.
Achieve quality of earnings by selecting the right projects aligned to our core strengths.
Excel in project delivery for our customers and end users.
Secure long-term workstreams underpinned by our teams’ strong and lasting client and partner relationships.
Maintain financial strength, especially in adverse economic conditions, with a strong balance sheet, significant levels of cash, attractive dividend policy, and by investing in partnership activities to enable long-term growth.
Deliver on our Total Commitments to protecting people, developing people, improving the environment, working together with our supply chain, and enhancing communities.
KPIs
The Board uses key performance indicators to measure the Group’s progress against our strategic priorities.
KPI
Operating profit /return on capital employed
2025 Performance
Partnership Housing
4.7%
operating margin
Partnership Housing
10%
return on average capital employed (last 12 months)
Mixed Use Partnerships
(4)%
return on capital employed (last 12 months)
Fit Out
£139.9m
operating profit
Construction
3.2%
operating margin
Infrastructure
4.0%
operating margin
KPI
Projects achieving ‘Perfect Delivery’
2025 Performance
91%
KPI
Secured workload for next three years
2025 Performance
£11,972m
KPI
Average daily net cash
£367.6m
2025 Performance
Total dividend
158.0p
2025 Performance
KPI
Lost time incident rate
2025 Performance
0.18
KPI
Training days per employee per year
2025 Performance
3.9 days
KPI
Reduction in Scope 1 and 2 carbon emissions from 2019 baseline
55%
2025 Performance
Reduction in Scope 3 carbon emissions from 2020 baseline
13% increase
2025 Performance
KPI
Invoices paid within 30 days
2025 Performance
70.5%
Social value generated during the year as measured by the Social Value Portal
2025 Performance
£1.9bn