Civils firm sees revenue hit 拢750m

bam nuttall

Bam Nuttall more than tripled its pre-tax profit in 2018 on the back of a double-digit hike in turnover.

The civil engineering arm of Netherlands-based Royal Bam saw pre-tax profit jump from 拢8m to 拢26m.

Revenue hit 拢750m in the 12 months to December 2018, up from 拢669m the year before.

The firm, which has been working on Crossrail鈥檚 Farringdon station scheme and is helping expand London City Airport, said operating margins hit 3% duing the period.

In January this year,  it won a place on a 拢7bn Network Rail framework to carry out work on the operator鈥檚 contractor for the Soth east route, as well as for 拢950m worth of work along the London North Eastern and East Midlands rail routes.