Oliver Connell margin hits record £15%

London groundworks and concrete frame contractor Oliver Connell & Son has delivered another year of strong profit growth despite revenue dipping 8% to £131m.
Pre-tax profit at the business, established 50 years ago, jumped to £20.2m in the year to June 2024 from £10.6m previously, taking average margin to a record 15%.
James Connell, managing director, said the firm had benefitted this year from a clear focus on delivery against the challenging market backdrop.“All ou