Watkin Jones PLC 2023 AR2

The report highlights Watkin Jones plc's operational and financial performance for the fiscal year ended September 30, 2023. Despite challenging market conditions, including high build cost inflation and rising interest rates, the company successfully completed five developments and progressed its secured pipeline to £1.5 billion. Financially, the company reported a revenue of £413.2 million, though it experienced an operating loss of £38.0 million due to exceptional building safety remediation provisions of £35.0 million. On the sustainability front, the company continued to implement its 'Future Foundations' strategy, achieving a 17% reduction in Scope 1 and 2 market-based emissions, diverting 98.8% of construction waste from landfill, and maintaining a strong health and safety record with an incident rate well below the industry average.

Company: Watkin Jones PLC

Sector: Real Estate

Country: United Kingdom

Year: 2023

Type: AR2

Pages: 153

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Watkin Jones PLC

Watkin Jones PLC 2023 Annual Report and Financial Statements

Annual Report And Financial Statements

The report highlights Watkin Jones plc's operational and financial performance for the fiscal year ended September 30, 2023. Despite challenging market conditions, including high build cost inflation and rising interest rates, the company successfully completed five developments and progressed its secured pipeline to £1.5 billion. Financially, the company reported a revenue of £413.2 million, though it experienced an operating loss of £38.0 million due to exceptional building safety remediation provisions of £35.0 million. On the sustainability front, the company continued to implement its 'Future Foundations' strategy, achieving a 17% reduction in Scope 1 and 2 market-based emissions, diverting 98.8% of construction waste from landfill, and maintaining a strong health and safety record with an incident rate well below the industry average.

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Document Details

Report Year

2023

Reporting Period

Oct 1, 2022 - Sep 30, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Women on Board

Women in Management

Net Zero Target

Employees