Construction firm beats forecasts as turnover hits £150m and cash surges

Construction group Stepnell has reported turnover of £150m and a sharp increase in cash reserves after delivering what its chief executive described as a "significantly improved performance" in challenging market conditions.

The contractor posted pre-tax profits of £2.8m for the year to March 2026, while cash balances rose to £20.8m as the business focused on delivering projects on time and within budget.

The turnover figure exceeded the company's ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...