{"id":32432,"date":"2025-09-22T10:36:57","date_gmt":"2025-09-22T17:36:57","guid":{"rendered":"https:\/\/essential.construction\/news\/benniman-eyes-turnover-bounce-after-riding-out-warehouse-lull\/"},"modified":"2025-09-22T10:36:57","modified_gmt":"2025-09-22T17:36:57","slug":"benniman-eyes-turnover-bounce-after-riding-out-warehouse-lull","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/benniman-eyes-turnover-bounce-after-riding-out-warehouse-lull\/","title":{"rendered":"Benniman eyes turnover bounce after riding out warehouse lull"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-501664\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p data-start=\"261\" data-end=\"473\">Pre-tax profit for 2024 came in at \u00a38.1m, just below the prior year\u2019s \u00a38.4m, on turnover of \u00a3100m compared to \u00a3130m in 2023.<\/p>\n<p data-start=\"261\" data-end=\"473\">During the year management maintained a disciplined cost base helping to lift operating margin to 6.5%, from 5.6% in the prior year.<\/p>\n<p data-start=\"261\" data-end=\"473\">Managing director Steven Smith said Benniman had seen activity picking up this year, with contract wins driving turnover back towards 2023 levels.<\/p>\n<p data-start=\"261\" data-end=\"473\">\u201cThe company has excellent long term relationships with many of the largest development companies within the UK and has identified future opportunities due to the anticipated demand in the industrial and logistics market to meet the requirements of online retail platforms and storage.<\/p>\n<p data-start=\"261\" data-end=\"473\">\u201cAs a result, the company now has a significant pipeline which should guarantee a stable platform well into 2025 and beyond.\u201d<\/p>\n<p data-start=\"704\" data-end=\"952\">The previous year\u2019s slowdown saw cash reserves slip back to \u00a337m (2023: \u00a355m).<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n<div class=\"author-info\">\n<div class=\"sleeve\">\n<div class=\"author-avatar\">\n<div class=\"sleeve\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/userphoto\/2.jpg\" alt=\"Aaron Morby\" width=\"150\" height=\"150\" class=\"photo\">\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- .author-info -->\t\t\t<\/footer>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructionenquirer.com\/2025\/09\/22\/benniman-eyes-turnover-bounce-after-resilient-2024\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Pre-tax profit for 2024 came in at \u00a38.1m, just below the prior year\u2019s \u00a38.4m, on turnover of \u00a3100m compared &#8230; <a title=\"Benniman eyes turnover bounce after riding out warehouse lull\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/benniman-eyes-turnover-bounce-after-riding-out-warehouse-lull\/\" aria-label=\"Read more about Benniman eyes turnover bounce after riding out warehouse lull\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[],"class_list":["post-32432","post","type-post","status-publish","format-standard","hentry","category-construction-enquirer","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/32432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=32432"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/32432\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=32432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=32432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=32432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}