VolkerWessels lifted by marine arm’s return to profit

VolkerWessels’ operations in the UK weathered a challenging year with a resilient performance to deliver stable profits and revenue.
Turnover edged up 6% to £1.4bn in the year to December 2023 to generate a £39ml pre-tax profit almost level with the prior year.
Average group operating margin fell back from 2.8% to 2.5% amid more challenging conditions at VolkerFitzpatrick and Volker Highways.The marine and environmental infrastructure business VolkerStevin put its previous year