Billington lowers 2025 forecast amid pricing pressure

Steelwork contractor Billington has downgraded its profit forecast for the year ahead amid price pressure caused by project delays and cancellations.
The firm said it now expected a recovery in performance towards the end of this year and into 2026 as clients like Amazon return to the warehouse market on the back of keener market pricing.
Announcing latest annual results this morning, group chief executive Mark Smith said the firm delivered a ‘robust performance’ across the group in