Tilbury Douglas boosts margin to 2.1% as profits double

Tilbury Douglas has improved its operating margin as it doubled pre-tax profit to £12m and closed the year with over £50m cash in the bank.
In 2024, the contractor increased revenue by 7% to £542m but made a bigger leap in profitability, with operating profit jumping from £3.8m to £11.5m, lifting its margin from 0.7% to 2.1%.
That shift marks a key milestone for the group in only its second full year as an independent business, driven by stronger performances in bui