Sisk Group now employs more staff in UK than Ireland

Aaron Morby 13 years ago
Share

Ireland’s biggest contracting company John Sisk now employs more construction staff in the UK than in its home market thanks to several big contract wins.

UK business John Sisk and Son delivered a 81% rise in turnover last year to £278m as a shift to civil engineering and energy projects paid off.

Pre-tax profit more than doubled to £3.4m as the firm started to reap the benefits of expanding out of traditional building work.

Net cash at the UK contracting arm, which has about 400 mainly management staff, at year end stood at £50m.

During the year, the Sisk Group successfully redeployed 133 staff to its international operations and the UK, now its largest single employment market.

In Ireland, although construction turnover fell by 28%, the business remained profitable against the backdrop of unprecedented difficult conditions for construction.

The group, which also includes five specialist healthcare businesses, beside Irish and international contracting raised pre-tax profits 9% to €9m on turnover steady at €1bn.

Liam Nagle, group chief executive, said: “Sisk Group made an important strategic decision in 2005 to both diversify and internationalise our business.

“We are now seeing the benefits of that decision, which took us into new markets and sectors and helped us to continue to trade profitably throughout the downturn.”

He added: “In 2010, almost 50% of turnover was generated outside Ireland, a reflection of how much the profile of the Group has been transformed in recent years.”

Latest news

Birmingham council submits £1bn Druids Heath plan

High rise estate to be replaced by-3,500 home eco village
10 minutes ago

Cannabis farm gang posed as utilities contractor

Gang jailed for 28 years after diverting power to more than 100 cannabis farms
2 days ago

Former Liverpool mayor charged in building contracts probe

Construction bosses also charged as part of Operation Aloft
3 days ago

Bidding to start for £700m Irish sea interconnector work

Work includes converter stations at Hunterston and Kilroot near Belfast
3 days ago

Muse to redevelop Durham County Hall HQ site

Morgan Sindall regen specialist seals another major development deal
3 days ago

Mace to transform Imperial College Great Hall

Work to start next month on ambitious refit
3 days ago

£100m plan to regenerate former Digbeth ironworks

Hartwell unveils 260,000 sq ft office and 240 homs plan
3 days ago

Legendre UK wins £21m London homes job for Clarion

Tower Hamlets building to be replaced due to building and fire safety issues
3 days ago

Construction buyers report fastest downturn since 2020

Double whammy of decreasing new orders and delayed projects
4 days ago

Bidders day for £15bn schools alliance framework

Online event to set out details of DfE alliancing framework procurement plan
4 days ago

MPs told safety regulator delays forcing industry job cuts

Industry chief warns housing select committee that BSR is now a main block on meeting housing targets
4 days ago

£600m delivery partner named for new hospital programme

Mace/T&T JV named programme delivery partner for £37bn new hospital plan
5 days ago

£230m Southampton waterfront scheme approved

Town Quay includes trio of 25 storey towers around new marina
4 days ago

Planning green light for £10bn Northumberland data centre

Blackstone-backed project will create 1,200 construction jobs
5 days ago

Bauhaus block above Southwark Station gets green light

Student accommodation and affordable housing scheme replaces original office plan
4 days ago

Police arrest plant hire fraud gang

Nine arrests after kit hired "with no intent of ever returning the machines"
5 days ago

Balfour Beatty boss Leo Quinn to step down

Group Chief Executive to be replaced by consultant AtkinsRéalis chief Philip Hoare
5 days ago

Galliford Try upgrades target as half-year profits jump 54%

Firm closes in on deal to take on ISG custodial work
5 days ago

Trespasser dies in crane fall at Willmott Dixon site

Tragedy after man breaks into £60m Manchester science park site
5 days ago

Ibstock pulls out of GRC cladding market

Materials giant blames subcontractor failures and low margins
5 days ago

Green light for 1,000-home Wolverhampton city centre regen

Phase one of ECF Smithgate scheme to start this year
5 days ago

Oval revises Manchester scheme with trio of towers

Flats doubled to 800 at reworked Albert Bridge House project
5 days ago

More repair work needed at McAlpine problem panel hotel

Contractor looking for long-term solution to loose panels
5 days ago

Redesign delays hit giant McAlpine car battery factory

Size of first building reduced and steelwork start pushed back
6 days ago

‘Affordable’ HS2 Crewe to Euston plan submitted to Treasury

Industry presses for scaled back Euston terminus and connection to Crewe
6 days ago

Regal submits plan to revive stalled London resi tower

Swiss Cottage project redesigned with second staircase and 237 flats
6 days ago

Construction boss jailed for siphoning off cash for casino

Money removed from contracting firms before they went under
7 days ago

Muse signs up to £3.2bn Solihull health campus district

Ambitious Arden Cross scheme next to HS2 Interchange advances
6 days ago

Drees & Sommer acquires RSP Consulting Engineers

Expanding consultant sees UK workforce grow to 300
6 days ago

Watkin Jones wins over £50m student digs campus upgrade

Work to start next month on phase 714-bed south London campus
7 days ago

Contractor services