John Sisk & Son Limited (Sisk) reported an operating profit of £5.8m in 2024, following a loss of £9.5M in 2023.

The company made a gross profit margin during the year of 2.8%, up from 1.4% in 2023. As recently announced, Sisk has agreed to acquire Farrans Construction, subject to regulatory approval, strengthening its capability in infrastructure delivery across the UK and Ireland.

In the UK, Sisk has reported an increase in turnover to £625M compared with £475M in 2023, reflecting enhanced performance across a number of its key sectors including commercial, sports & leisure, residential, infrastructure, healthcare, and life sciences. The business secured key projects with clients including, Greystar, ManLife, Moderna and Diamond Light.

Commenting on the results, Steven McGee, Chief Operating Officer of Sisk, said: “FY2024 was an improved year for us, following a challenging period marked by legacy projects. Over the past 24 months, we’ve strategically secured projects in key sectors we have been targeting, most notably in the commercial and healthcare spaces across central London.

“Our regional operations have also performed strongly where we have delivered a major life sciences project for Moderna in Oxfordshire, and we have won places on significant infrastructure frameworks. The formation of our newly consolidated Sisk Infrastructure business unit now gives us greater capacity to deliver for clients across critical sub-sectors, including transport, energy, marine, and aviation supported by our key services subsidiary businesses, Vision Built, Sisk Rail and Fuse Rail.”

He concluded: “We have invested in the UK business and implemented significant changes to position the business for long-term success and sustainable growth. Backed by a strong balance sheet and solid financial footing with zero debt, we are well-equipped to invest in our future and meet the evolving needs of our clients.”

Sisk has a very strong order book for 2025, and the company has very good visibility to 2026 workload underlining continued confidence in future performance.

The Sisk Rail , Fuse Rail  and Vision Built businesses, which provide a range of specialist services to rail operators and MMC offsite, design and manufacturing in England and Wales, performed strongly in 2024, alongside the consolidation of its new Sisk Infrastructure business unit.

These businesses are part of the Sisk Group, which have operations in the UK. Their results are consolidated into the overall Sisk Group results. The Sisk Group is a €2.5bn plus turnover group and is also the parent company of John Sisk & Son Limited in the UK.