financial information

In our 125th year we reported a record forward order book, increased profits and net assets of £162m. 

The Group reports its financial performance in its annual reports and accounts, published each March. Our most recent accounts for the year ended 31 December 2022, are available to download below alongside our group credentials document.




Record forward order book


Social value generated


of waste diverted from landfill

Our full annual results for 2022 including interactive project video content from around our business.


Our highest ever operating profit

For our last financial year (2022) we reported a profit of £33.7m on our highest ever turnover of £1.89bn, up 17% on 2021. We secured £2.8bn of new work during 2022 with a record forward order book of £8.35bn, up 17% from 2021, which was itself a record year for turnover.

The performance outlined in these accounts and reports testifies to Wates’ continued strength and resilience in the face of unprecedented global shocks. I congratulate the Board, the Executive Committee and our colleagues for these impressive results.
Eoghan O’Lionaird

Eoghan O’Lionaird

Chief Executive, Wates