Equans back in black after costly new-build housing exit

Equans Regeneration has returned to profit after two painful years of restructuring as the cost of quitting mainstream house building finally began to fade.
The Bouygues-owned contractor posted a pre-tax profit of £3.8m for 2025, reversing last year’s £29m loss after slashing one-off restructuring and legacy new build costs from £50m to £17m.
Turnover fell 17% to £650m as the business completed its retreat from loss-making construction markets, but the underly