Full year results to 31 December 2020

 

Group revenue

Adjusted profit before tax

Adjusted operating profit

Adjusted earnings per share

Year end net cash

 

Average daily net cash

 

Group revenue

Adjusted profit before tax

Adjusted operating profit

Adjusted earnings per share

Year end net cash

 

Average daily net cash

 

2020 Full Year Results video

 

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The Group maintained a strong financial position throughout the year. Our net cash at the year end increased significantly by £140m to £333m, and our average daily net cash was £181m, up from £109m in the prior year. We had a successful year of winning new work, with a total secured workload at the year end of £8.3bn, up 9% from the previous year. We are well positioned for growth in 2021 and expect a result materially ahead of previous expectations and slightly ahead of that delivered in 2019.

Steve Crummett
Finance Director

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