Glencar Publishes FY25 Annual Report as Order Book Reaches Record £470.9m
29th May 2026
Glencar enters FY26 from a position of strength, with a record secured order book of £470.9m, improving margins, a strengthened cash position and growing sector diversification.
Glencar FY25 Annual Report
As Glencar enters its tenth year, it does so with the strongest secured order book in its history, growing capability across multiple sectors and the scale, resilience and operational maturity to support its next phase of growth.
Glencar has today published its FY25 Annual Report, marking another significant milestone in the evolution of the business as it enters its tenth year of operation.
The report highlights continued progress across a diverse range of sectors, alongside further investment in people, systems, digital capability, ESG performance and technical delivery expertise.
Building on these foundations, the Group has entered FY26 with its largest secured order book to date at £470.9m, strong trading momentum and growing capability across Data Centres, Infrastructure, Logistics, Life Sciences, Film Studios and Specialist Refurbishment.
Management accounts for the six months to 31 March 2026 demonstrate the continued strength of the business, with:
- £236m turnover delivered in H1 FY26
- Gross profit margin increasing to 7.3%
- £5m profit before tax in H1 FY26
- Cash strengthening to £53.2m
The Group has also continued to strengthen its operational platform, supporting an assessed delivery capacity of approximately £600m annually.
More than 80% of Glencar’s work continues to be secured from repeat customers, reflecting the long-term relationships, trust and delivery performance that have underpinned the business’s growth over the past decade.
Recent milestones include securing the next phase of Pure Data Centres’ Brent Cross campus in North London, a third project with Hillwood at Luton, and the successful completion of major schemes including Vantage Data Centers LHR21 and the redevelopment of Ealing Studios.
Alongside continued growth in major project delivery, Glencar’s Special Projects division continues supporting customers with technically complex refurbishment, retrofit and live-environment works across a broad range of sectors.
The full FY2025 Annual Report can be viewed and downloaded here: Glencar – Annual Report & Results FY2025
Eddie McGillycuddy
CEO - Glencar
Our continued focus on delivery excellence, operational discipline and long-term customer relationships has created a strong platform for sustainable growth as we look ahead to the next chapter of the business.
