{"id":35602,"date":"2026-05-30T19:12:20","date_gmt":"2026-05-31T02:12:20","guid":{"rendered":"https:\/\/essential.construction\/news\/shareholders-back-van-elle-takeover-by-strabag-as-profits-slide\/"},"modified":"2026-05-30T19:12:20","modified_gmt":"2026-05-31T02:12:20","slug":"shareholders-back-van-elle-takeover-by-strabag-as-profits-slide","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/shareholders-back-van-elle-takeover-by-strabag-as-profits-slide\/","title":{"rendered":"Shareholders back Van Elle takeover by Strabag as profits slide"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-508585\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>The ground engineering contractor revealed that a weak April had dragged full-year performance below previous board expectations.<\/p>\n<p>Van Elle said the \u201cchallenging trading conditions\u201d flagged at interim stage had persisted through the rest of FY26, with trading during April proving \u201cweaker than anticipated\u201d. Adjusted pre-tax profit for the year ended April 2026 is now expected to come in below earlier forecasts.<\/p>\n<p>The profit warning landed on the same day shareholders approved the recommended takeover by Strabag UK.<\/p>\n<p>Strabag\u2019s move for the business gives the European construction giant a major foothold in the UK geotechnical and piling market.<\/p>\n<p>\u00a0<\/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\/2026\/05\/29\/van-elle-shareholders-back-takeover-by-strabag-as-profits-slide\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The ground engineering contractor revealed that a weak April had dragged full-year performance below previous board expectations. Van Elle &#8230; <a title=\"Shareholders back Van Elle takeover by Strabag as profits slide\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/shareholders-back-van-elle-takeover-by-strabag-as-profits-slide\/\" aria-label=\"Read more about Shareholders back Van Elle takeover by Strabag as profits slide\">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-35602","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\/35602","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=35602"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35602\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=35602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=35602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=35602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}