Report and Accounts 2025

Laing O’Rourke is an international engineering and construction company delivering state-of-the-art infrastructure and buildings projects.

We live by our purpose ‘pushing the boundaries of what’s possible, in service of humanity’.

Group Chair's Statement, Sir John Parker

"The 2024/25 financial year saw Laing O’Rourke record another year of growth in pre-exceptional EBIT to £111.3m and year-end net cash of £284.7m. Yet figures alone can never fully convey the values that make Laing O’Rourke a uniquely compelling company."

Group Chief Executive's Review, Cathal O'Rourke

"We enter FY26 with renewed energy for the opportunities that lie ahead and anticipation for the impact we’re poised to make."

Managed Revenue £4.7bn FY24: £4.8bn	Group Revenue £4.0bn FY24: £4.0bn	Net Cash £284.7 FY24: £278.5m
Pre-exceptional EBIT£111.3m FY24: £75.6m	Pre-exceptional gross margin6.9% FY24: 6.4%	Net assets£218.7m FY24: £201.0m
	Order Book £11.9bn FY24: £10.8bn

Our Operating Model

We deliver the maximum value for our clients from our vertically integrated, direct delivery model.

Operating Review

The Europe and Australia Hubs delivered strong performances throughout the year,

Strategic look forward

FY25 sees us wind up the cycle of our Deliver 2025 strategy and begin a new programmatic cycle that will take us through to 2032.

Financial Review

The Group delivered strong growth in both profit and cash.

Market Environment

Market conditions in the construction sector remain challenging.

Sustainability Statement

At Laing O'Rourke we remain committed to our sustainability targets and strategy.