Disciplined bidding and major projects lift BAM UK back to profit

Disciplined bidding and major projects lift BAM UK back to profit

BAM’s UK construction operations have returned to profit after a year of tighter bidding discipline, stronger project delivery and rising activity across both the building and civil engineering markets.

The wider Royal BAM Group reported a 10% rise in revenue for 2025, with the UK and Ireland division contributing significantly to the rebound. Across the two countries, revenue climbed to €3bn, while adjusted EBITDA jumped from €100m to €140m, lifting margins to 4.7%.

BAM Construction UK, led by Kim Sides, delivered one of the group’s standout turnarounds. The business posted an adjusted profit of €31m (£27m), reversing a €27m (£24m) loss the previous year. Revenue rose 7% to €1.1bn (£978m).

The group credited the recovery to “strong execution and a disciplined, selective approach to tendering”, following a period in which legacy issues – most notably at Manchester’s Co‑op Live arena – had weighed heavily on performance.



The building arm also secured a series of new wins, including Framwellgate High School, New Dargavel Primary School and the North Devon District Hospital Residence, helping to maintain momentum into 2026.

BAM Nuttall, the group’s UK civils business, continued to deliver robust results despite a tough comparative period. Revenue increased 8% to €1.8bn (£1.6bn), while adjusted profit came in at €92m (£80m).

Civil engineering activity remained strong across rail, energy transition and major infrastructure. Recent wins included two substations for SSE Transmission, reinforcing BAM’s position in the UK’s accelerating energy‑security programme.

Major project milestones also supported the division’s performance. London’s Silvertown Tunnel opened in 2025, while the long‑running National Children’s Hospital in Dublin reached a key handover stage with level six delivered to Children’s Health Ireland.



The UK and Ireland order book closed the year at €6.9bn (£6bn), a slight decline on 2024 entirely attributed to the weakening of sterling against the euro. Currency movements accounted for €337m of the reduction at group level.

Underlying demand remained strong, with BAM continuing to prioritise projects offering balanced risk and reliable returns.

Royal BAM Group CEO Ruud Joosten said he expected the UK construction market to strengthen further, supported by the government’s focus on energy security, rising defence investment and the newly approved UK Planning and Infrastructure Bill, which aims to accelerate approvals for major schemes.

In London, commercial planning activity is also rising, with retrofit projects gaining prominence as developers respond to tightening sustainability requirements.



In Ireland, the €275bn National Development Plan is set to provide a long‑term pipeline of civil engineering and non‑residential work.

With both its building and civils businesses performing strongly, BAM’s UK operations have now broken through the £2.5bn revenue barrier, delivering a combined trading profit of £108m.

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