In 2015 BAM Nuttall made a pre-tax proft of 拢18.2m on turnover up 2% to 拢787m (2014: 拢770m).
The previous year the company had made a pre-tax loss of 拢18.3m.
The 2015 result represents a profit margin of 2.3%, which chief executive Stephen Fox said was 鈥渇urther vindication of our policy of managing risk and only selecting projects with appropriate contract terms鈥�.
He said: 鈥淲e will continue to pursue this strategy of selectivity with projects that we can add value to through two stage early contractor involvement.鈥�
Mr Fox added: 鈥淲e will not target unsuitable projects in pursuit of growth.鈥�
BAM Nuttall, part of the Dutch company Royal BAM Group, generates 99% of its revenues in the UK.
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