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Nuttall set for bigger projects

Contractor Edmund Nuttall said this week it was looking to capitalise on its position within the mega-contractor Royal BAM Group to muscle its way in on bigger projects.

Chief executive Martin Rogers told NCE that his firm would be bidding for Crossrail tunnelling projects with German tunnelling expert Wayss & Freytag Ingenieurbau, another Royal BAM company.

"When it comes to the big projects one big benefit we have which doesn't often get seen is we are part of a larger company and can draw on expertise," said Rogers.

Royal BAM is now the eighth largest construction company in Europe, and the strategy moving forward is to strengthen that brand throughout Europe, said Rogers.

Rogers was speaking on the day Nuttall posted a record turnover of £594M for the year ending 31 December 2007, up 4% on 2006.
Pre-tax profits fell to £19.2M representing a margin of 3.2%. Pre-tax profit for 2006 was £19.5M, equating to a margin of 3.4%.

The firm's forward order book stood at £640M at the year end, with a further £200M of orders pending that were realised in the first two months of 2008.

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