2017

Review
SAFER. BETTER. STRONGER.

Group Turnover £1.62bn Profit £35.7m Record Order Book £5.1bn

The Wates Group, established in 1897, is one of the leading privately-owned, construction, development and property services companies in the UK. We employ around 3,900 people, working with a range of clients and partners from across the public and private sectors. In 2017 we reported increased turnover and profit and were named Contractor of the Year. We retained our Investors in People Gold accreditation for the third successive time and were also named Organisation of the Year at the inaugural UK Social Mobility Awards in recognition of our commitment to advancing social mobility in all the communities in which we work.

2017 Year in Review Video


Group Turnover £1.62bn

Profit before tax £35.7m

EBITDA £47.2m

Record Order Book £5.1bn

169.5m Cash

Net Assets £119.4m

Facilities managed at over 500 commercial premises

190 management trainees and apprentices

£2.65m spent with 71 Social Enterprises

34 million hours worked on 2,000 projects

Over 5,000 new home built in 2017

Over 500,000 homes maintained in the social housing sector

3,863 people

41 Considerate Constructors' Awards

Average CCS score 40.98

100th Building Futures programme delivered

Schools outreach programme involved 3,000 students

93 community projects completed

41% reduction in lost time injury rate

22% reduction in accident frequency rate