GRAHAM has delivered another strong year of financial and operational progress, reporting higher revenue, profitability and cash generation alongside a string of significant project wins and framework appointments across its key markets.

For the year to 31 March 2026, Group revenue rose to £1.23bn from £1.06bn, an increase of 16%, while profit before tax advanced 42% to £35.8m. Year-end cash and cash equivalents stood at £260.7m and net assets increased to £113.7m.

Performance was underpinned by robust contributions from Building, Civil Engineering, Interior Fit-Out, Facilities Management and Investment operations, supported by selective bidding, strong delivery and sustained investment in long-term client relationships.

Financial highlights included: revenue up 16% to £1.23bn; gross profit up to £88.5m; profit before tax up 42% to £35.8m; cash and cash equivalents up to £260.7m; net assets up to £113.7m; and a strong balance sheet maintained with low external debt and substantial liquidity.

The Group secured notable awards and made strategic headway across education, healthcare, infrastructure, residential development and facilities management.

Among the year's flagship wins was the £286m redevelopment of Cambridge Halls for UNITE Students and Manchester Metropolitan University, delivering more than 2,300 student bedrooms and targeting BREEAM "Excellent".

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GRAHAM strengthened its education footprint via appointment to the Department for Education's £15bn CF25 Construction Framework, complemented by projects for the University of East London, Loughborough University and multiple school redevelopment programmes.

In healthcare, the business was appointed to the Hospital 2.0 Alliance Framework to support the New Hospital Programme's next generation of UK healthcare infrastructure.

Civil Engineering maintained momentum, landing the £71m Central Docks Infrastructure Scheme at Liverpool Waters and a place on National Highways’ £968m Legacy Concrete Roads Reconstruction Framework, further reinforcing its strategic infrastructure credentials.

In the Republic of Ireland, GRAHAM won the BusConnects Core Bus Corridor Scheme in Dublin and established a permanent presence in the capital to support future growth.

Interior Fit-Out delivered more than £100m of projects and secured major commissions with both new and existing clients, including Nike and HSBC.

GRAHAM Asset Management continued to grow, winning major partnerships with the Royal Borough of Kensington and Chelsea and London Metropolitan University, and broadening its reach across healthcare, local authority and utilities markets.

The Group also advanced its development pipeline, gaining planning approval for a 446-bed purpose-built student accommodation scheme on Hydepark Street, Glasgow.

Jonathan Hall, Chief Operating Officer, said: "These results demonstrate the strength and resilience of our business and the breadth of opportunities available across our chosen markets.

"The quality of projects and frameworks secured during the year provides excellent visibility and gives us confidence in the future."

As part of a planned succession, Chief Executive Officer Andrew Bill will retire on 31 August 2026 after more than four decades with the business. The Board has appointed Courtney McCormick as Chief Executive Officer with effect from 1 September 2026. Courtney joined GRAHAM 18 years ago and has served as Group Chief Financial Officer for the past 12 years, playing a central role in the Group’s growth, financial strength and strategic development.