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Top contractors and housebuilders ranked by 1998 turnover
    Turnover Year end Contracting Housing Ìý±Ê°ù´Ç±è±ð°ù³Ù²â Ìý°¿³Ù³ó±ð°ù
1998 1997   £000   £000 £000 £000Ìý Ìý£000
1 1 Amec 3 392 800 Dec-98 2 172 500 0 418 400 801 900
2 2 Tarmac 3 160 300 Dec-98 1 890 100 0 0 1 270 200
3 4 Bovis Construction 2 300 000 Dec-98 2 300 000 0 0 0
4 3 Balfour Beatty* 2 139 700 Dec-98 2 139 700 0 0 0
5 5 Laing 1 616 600 Dec-98 1 193 800 361 100 26 600 35 100
6 6 Mowlem 1 494 000 Dec-98 1 042 000 0 18 000 434 000
7 8 Wimpey 1 401 800 Dec-98 0 1 374 800 27 000 0
8 7 Taylor Woodrow 1 400 500 Dec-98 613 500 540 400 87 700 158 900
9 9 Kvaerner Construction 1 070 560 Dec-98 1 070 560 0 0 0
10 10 Barratt Developments 897 000 Jun-98 0 897 000 0 0
11 – HBG/Edmund Nuttall 875 000 Dec-98 875 000 0 0 0
12 11 Kier 749 600 Jun-98 685 100 64 500 0 0
13 12 Alfred McAlpine 723 795 Dec-98 288 774 358 296 0 76 725
14 17 Tilbury Douglas 641 100 Dec-98 360 200 25 800 0 255100
15 15 Beazer 631 000 Jun-98 0 631 000 0 0
16 25 Jarvis 627 896 Mar-99 165 395 0 25 179 437 322
17 18 Berkeley 599 596 Apr-98 0 589 467 10 129 0
18 14 Bryant 585 700 May-98 82 000 503 700 0 0
19 16 Persimmon 572 407 Dec-98 0 572 407 0 0
20 19 Wilson Bowden 532 500 Dec-98 0 421 800 110 700 0
21 28 Newarthill 490 471 Oct-98 435 509 0 17 716 37 246
22 22 Amey 471 015 Dec-98 228 482 0 0 242 533
23 26 Crest Nicholson 465 400 Oct-98 158 800 269 900 36 700 0
24 21 Bellway 444 873 Jul-98 0 444 873 0 0
25 20 Birse 444 342 Apr-98 434 995 140 900 8 307
26 27 Morgan Sindall 424 567 Dec-98 254 600 0 7 000 162 967
27 43 R Mansell* 420 643 Dec-98 420 643 0 0 0
28 30 Westbury 417 243 Feb-99 0 417 243 0 0
29 23 Morrison Construction 413 691 Mar-99 84 556 0 231 933 97 202
30 13 Costain 391 500 Dec-98 391 500 0 0 0
31 29 Wilson Connolly 380 800 Dec-98 0 378 000 2 800 0
32 24 Shepherd ºÃÉ«ÏÈÉúTV 378 600 Jun-98 206 338 0 0 172 262
33 31 Miller 365 758 Dec-98 247 939 73 747 44 072 0
34 32 Norwest Holst* 334 430 Dec-98 334 430 0 0 0
35 33 Allen 321 095 Mar-99 210 642 37 536 4 069 68 848
36 34 Redrow 307 233 Jun-98 0 296 084 11 149 0
37 – Ballast Wiltshier 301 201 Dec-98 301 201 0 0 0
38 37 Wates Construction* 288 991 Dec-98 288 991 0 0 0
39 36 Keller 266 854 Dec-98 266 854 0 0 0
40 39 Lovell* 266 827 Sep-98 155 442 111 385 0 0
41 40 Bowmer & Kirkland* 263 384 Aug-98 263 384 0 0 0
42 38 Willmott Dixon* 255 836 Dec-98 255 836 0 0 0
43 41 MJ Gleeson* 247 911 Jun-98 247 911 0 0 0
44 35 Bovis Homes 234 285 Dec-98 0 234 285 0 0
45 42 Countryside Properties 209 501 Sep-98 0 180 858 28 643 0
46 45 Prowting 199 536 Feb-99 0 199 536 0 0
47 44 Galliford 183 632 Jun-98 151 121 32 290 0 221
48 46 Henry Boot* 172 120 Dec-98 172 120 0 0 0
49 47 McNicholas Construction 171 564 Mar-98 171 564 0 0 0
50 48 Try 150 611 Dec-98 117 672 29 278 0 3 661
  Total 35 095 768   20 679 159 9 045 425  1 108 690 4 262 494 
               
               
Notes
* Full split of activities not provided in reports and accounts, therefore turnover and/or profit assigned to contracting
** Total profit refers to pre-tax profit. Splits refer in most cases to operating profit, taking account of exceptional items.
Total of splits plus interest and non–trading = pre-tax profit
*** Interest and non-trading refers in general to net interest payments/receipts and other non-trading income or losses
Bovis Construction profit data is operating profit only; turnover figure is estimated
HBG/Edmund Nuttall data taken from HBG Group accounts and converted to sterling
Kvaerner Construction data taken from Kvaerner Group accounts and converted to sterling
Any omissions from the top 50 are because companies were unable to provide 1998 data
Analysis by Martin Hewes, Hewes & Associates, tel 01428-641518, e-mail: Hewes@BTinternet.com
Top contractors and housebuilders ranked by 1998 pre–tax profit
    Profit** Year end Contracting Housing Property Ìý°¿³Ù³ó±ð°ù  Interest and
²Ô´Ç²Ô–t°ù²¹»å¾±²Ô²µ***
1998 1997   £000   £000 £000 £000 £000 £000
1 1 Tarmac 131 400 Dec-98 35 700 0 0 150 000 –54 300
2 3 Berkeley 100 320 Apr-98 0 92 717 3 811 0 3 792
3 2 Taylor Woodrow 100 300 Dec-98 610 00 56 300 22 900 15 000 0
4 4 Barratt Developments 93 300 Jun-98 0 96 600 0 0 –3 300
5 6 Wilson Bowden 88 500 Dec-98 0 67 300 19 000 0 2 200
6 7 Wimpey 85 100 Dec-98 0 105 800 1 100 0 –21 800
7 8 Beazer 79 200 Jun-98 0 84 200 0 0 –5 000
8 9 Balfour Beatty 75 400 Dec-98 61 400 0 0 0 14 000
9 5 Amec 69 200 Dec-98 20 600 0 17 600 38 300 –7 300
10 11 Bellway 60 723 Jul-98 0 64 917 0 0 –4 194
11 10 Persimmon 60 533 Dec-98 0 73 222 0 0 –12 689
12 12 Bryant 53 300 May-98 1 700 60 800 0 0 –9 200
13 16 Redrow 48 158 Jun-98 0 45 539 2 274 0 345
14 14 Bovis Homes 45 022 Dec-98 0 45 128 0 0 –106
15 13 Wilson Connolly 44 500 Dec-98 0 46 100 –1 600 0 0
16 18 Westbury 42 576 Feb-99 0 50 034 0 0 –7 458
17 50 Mowlem 39 400 Dec-98 12 000 0 –600 29 900 –1 900
18 15 Jarvis 34 435 Mar-99 13 624 0 3 501 28 179 –10 869
19 22 Crest Nicholson 28 100 Oct-98 400 32 300 3 200 0 –7 800
20 21 Alfred McAlpine 24 569 Dec-98 9 575 32 445 0 –1 045 –16 406
21 20 Morrison Construction 24 053 Mar-99 5 509 0 18 254 4 667 –4 377
22 19 Tilbury Douglas 23 600 Dec-98 7 500 3 100 0 21 300 –8 300
23 24 Bovis Construction 21 000 Dec-98 21 000 0 0 0 0
24 17 Laing 20 100 Dec-98 –24 400 31 500 6 100 8 200 –1 300
25 26 Amey 18 741 Dec-98 2 270 0 0 16 471 0
26 23 Prowting 18 089 Feb-99 0 21 477 0 0 –3 388
27 25 Allen 18 009 Mar-99 4 165 3 863 770 13 464 –4 253
28 27 Keller 16 702 Dec-98 17 043 0 0 0 –341
29 42 Shepherd ºÃÉ«ÏÈÉúTV 15 100 Jun-98 –952 0 0 16 052 0
30 28 Miller 14 809 Dec-98 1 532 4 394 10 099 0 –1 216
31 32 Countryside Properties 14 607 Sep-98 0 17 736 1 256 0 –4 385
32 – HBG/Edmund Nuttall 14 063 Dec-98 14 062.5 0 0 0 0
33 31 MJ Gleeson* 12 715 Jun-98 13 941 0 0 0 –1 226
34 36 Newarthill 11 286 Oct-98 1 408 0 6 738 936 2 204
35 34 Kier 10 800 Jun-98 3 200 7 900 0 0 –300
36 30 Henry Boot* 10 592 Dec-98 10 010 0 0 0 582
37 35 Morgan Sindall 9 760 Dec-98 2 102 0 1 548 6 306 –196
38 41 Bowmer & Kirkland* 9 257 Aug-98 6 765 0 0 0 2 492
39 39 Wates Construction* 6 783 Dec-98 3 443 0 0 0 3 340
40 37 Norwest Holst* 6 713 Dec-98 –26 0 0 0 6 739
41 38 McNicholas Construction 5 874 Mar-98 5 884 0 0 0 –10
42 40 R Mansell* 5 231 Dec-98 3 973 0 0 0 1 258
43 46 Birse 5 162 Apr-98 4 105 58 721 1 165 –887
44 47 Kvaerner Construction 5 120 Dec-98 1 920 0 0 0 3 200
45 44 Galliford 3 830 Jun-98 1 951 4 073 0 –245 –1 949
46 45 Try 3 406 Dec-98 1 022 3 590 0 –964 –242
47 43 Willmott Dixon* 2 516 Dec-98 3 254 0 0 0 –738
48 – Ballast Wiltshier 1 418 Dec-98 594 0 0 0 824
49 49 Costain 500 Dec-98 –2 400 0 0 0 2 900
50 48 Lovell* –3 194 Sep-98 836 0 0 0 –4 030
  Total 1 630 678   270 810 1 051 093 116 672 347 686   –155 584
Top contractors and housebuilders
ranked by 1998 operating margin
  %
1 Bovis Homes 19.3
2 Wilson Bowden 16.2
3 Berkeley 16.1
4 Redrow 15.6
5 Bellway 14.6
6 Beazer 13.3
7 Persimmon 12.8
8 Westbury 12.0
9 Wilson Connolly 11.7
10 Barratt Developments 10.8
11 Prowting 10.8
12 Bryant 10.7
13 Countryside Properties 9.1
14 Crest Nicholson 7.7
15 Wimpey 7.6
16 Jarvis 7.2
17 Taylor Woodrow 7.2
18 Allen 6.9
19 Morrison Construction 6.9
20 Keller 6.4
21 Tarmac 5.9
22 Henry Boot 5.8
23 Alfred McAlpine 5.7
24 MJ Gleeson 5.6
25 Tilbury Douglas 5.0
26 Miller Group 4.4
27 Shepherd ºÃÉ«ÏÈÉúTV 4.0
28 Amey 4.0
29 McNicholas Construction 3.4
30 Galliford 3.1
31 Balfour Beatty 2.9
32 Mowlem 2.8
33 Bowmer & Kirkland 2.6
34 Try 2.4
35 Morgan Sindall 2.3
36 Amec 2.3
37 Newarthill 1.9
38 HBG/Edmund Nuttall 1.6
39 Kier 1.5
40 Birse 1.4
41 Laing 1.3
42 Willmott Dixon 1.3
43 Wates Construction 1.2
44 R Mansell 0.9
45 Bovis Construction 0.9
46 Lovell 0.3
47 Ballast Wiltshier 0.2
48 Kvaerner Construction 0.2
49 Norwest Holst –0.0
50 Costain –0.6
Average 5.9
Contractors and housebuilders ranked by employees’ average pay in 1998
1998 1997   Average pay 1998
(wages only £000)
Average pay 1997
(wages only £000)
% change
1 1 Berkeley 31.8 29.4 8
2 – Birse 25.3 23.7 7
3 3 Morgan Sindall 24.9 24.6 1
4 9 Miller 24.8 22.8 9
5 5 Norwest Holst 24.5 23.3 5
6 16 Wates Construction 24.2 20.9 16
7 7 Amec 24.2 22.8 6
8 17 Lovell 24.1 20.5 18
9 26 Bowmer & Kirkland 23.8 18.9 26
10 8 Try 23.6 22.8 4
11 6 Crest Nicholson 23.5 22.8 3
12 10 Newarthill 22.8 22.4 2
13 4 McNicholas Construction 22.7 24.4 –7
14 13 Bovis Homes 22.6 21.7 4
15 – Keller 22.5 25.0 –10
16 18 Bryant 21.8 20.2 8
17 30 Wimpey 21.4 18.5 15
18 23 MJ Gleeson 20.9 19.0 10
19 29 Willmott Dixon 20.8 18.6 12
20 22 Amey 20.8 19.2 8
21 14 Westbury 20.7 21.6 –4
22 24 Prowting 20.4 19.0 7
23 19 Tilbury Douglas 20.2 20.1 1
24 28 Persimmon 20.1 18.8 7
25 36 Barratt Developments 20.1 18.1 11
26 – Ballast Wiltshier 19.7 19.1 3
27 32 Mowlem 19.7 18.4 7
28 21 Alfred McAlpine 19.3 19.3 0
29 11 R Mansell 19.3 22.2 –13
30 20 Countryside Properties 19.2 19.5 –1
31 31 Tarmac 18.9 18.5 3
32 27 Wilson Bowden 18.9 18.8 0
33 34 Galliford 18.8 18.1 4
34 35 Beazer 18.7 17.9 5
35 39 Shepherd ºÃÉ«ÏÈÉúTV 18.7 17.0 10
36 15 Bellway 18.6 21.2 –12
37 37 Redrow 18.1 17.4 4
38 33 Laing 17.6 17.2 2
39 38 Wilson Connolly 17.2 17.1 1
40 40 Henry Boot 17.0 16.6 2
41 41 Kier 16.4 15.7 4
42 42 Taylor Woodrow 15.5 13.5 15
43 – Costain 11.7 11.1 6
44 – Kvaerner Construction na na  
45 – Morrison Construction na 18.5  
46 – Jarvis na 19.7  
47 – HBG/Edmund Nuttall na na  
48 – Bovis Construction na na  
49 12 Balfour Beatty na 22.0  
50 – Allen na 18.3  
    1998 1997  
  Average 20.8 19.9 4
Remuneration of highest–paid directors (excluding pensions), ranked by 1998 total
1998 1997   1998 Total
(£000²õ)
Basic
(£000²õ)
Bonus
(£000²õ)
1997 Total
(£000²õ)
Basic
(£000²õ)
Bonus
(£000²õ)
1 5 McNicholas Construction 896 na na 475 na na
2 3 Tarmac 667 410 257 554 380 174
3 2 Wilson Bowden 605 225 380 570 225 345
4 12 Persimmon 568 116 452 519 65 454
5 4 Amec 561 na na 521 356 165
6 17 Berkeley 483 200 283 314 200 114
7 1 Bellway 452 274 178 582 263 319
8 14 Bryant 403 287 116 364 272 92
9 16 Beazer 400 260 140 324 210 114
10 15 Barratt Developments 398 281 117 354 270 84
11 11 Alfred McAlpine 394 285 109 372 260 112
12 25 Amey 394 255 139 257 232 25
13 10 Mowlem 374 256 118 376 238 138
14 32 Miller 360 na na 199 na na
15 8 Wimpey 333 206 127 414 284 130
16 6 Bovis Homes 330 214 116 472 189 283
17 7 R Mansell 326 216 110 424 102 322
18 13 Laing 321 280 41 364 250 114
19 21 Newarthill 314 na na 275 na na
20 24 Tilbury Douglas 313 163 150 262 138 124
21 19 Countryside Properties 312 130 182 288 130 158
22 26 Redrow 303 230 73 253 200 53
23 23 Crest Nicholson 288 208 80 263 174 89
24 9 Taylor Woodrow 279 187 92 398 286 112
25 22 Westbury 279 190 89 272 165 107
26 29 Keller 278 181 97 241 167 74
27 27 Try 270 173 97 253 161 92
28 33 Morgan Sindall 261 140 121 196 110 86
29 35 Shepherd ºÃÉ«ÏÈÉúTV 261 na na 191 na na
30 18 Wilson Connolly 254 220 34 300 200 100
31 28 Norwest Holst 246 na na 242 na na
32 30 Kier 240 206 34 221 190 31
33 40 Costain 210 200 10 152 145 7
34 34 Lovell 200 162 38 194 155 39
35 31 Wates Construction 193 na na 209 na na
36 36 Henry Boot 191 138 53 191 133 58
37 37 Willmott Dixon 184 na na 181 na na
38 39 Prowting 165 158 7 167 133 34
39 41 Galliford 140 105 35 132 100 32
40 42 MJ Gleeson 136 130 6 131 124 7
41 – Birse 133 125 8 131 125 6
42 – Ballast Wiltshier 132 na na 126 na na
    Total 13 847     12 724    
    Average pay 329.69     302.95    
    % rise 8.8