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Willmott Dixon sets aside £10.3m to 'settle all remediation claims'

Willmott Dixon has made a £10.3m provision to settle "all claims" against it relating to cladding and fire-safety remediation on completed projects. The contractor’s full accounts for the year ending 31 December 2020 reveal that the provision is a rise on the £6.2m figure set aside in 2019. The directors have forecast that remediation costs could range from £3.3m to £13.6m in the next one or two years, adding that £10.3m was considered an appropriate figure to set aside. Group chairman C...
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Willmott Dixon warns on supply chain margin as profit falls

Rick Willmott Willmott Dixon has warned of the erosion of supply chain margins due to materials shortages and COVID-19, as it reveals its own margin more than halved in 2020. According to headline financial results released today, the contractor’s turnover fell slightly to £1.19bn in the year to 31 December 2020, down from £1.25bn in 2019. The figure it has announced for pre-tax profit and goodwill is £11.9m, which is down from its pre-tax profit figure of £31.3m released last year. Its p...
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Willmott Dixon listed in The Times' Top Employers for Women

Published: 12:00 PM May 3, 2021    India Cormack in the foreground, an apprentice for Willmott Dixons project to regenerate the Gascoigne estate in Barking - Credit: Willmott Dixon Letchworth-based development company Willmott Dixon has been listed in The Times’ Top 50 Employers for Women for the third consecutive year. This follows its position as the UK’s highest placed contractor in the 2020 FT Diversity Leaders list of the top 850 European companies for inclusion. Companies appear...
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