Billington Holdings plc Issues Profit Warning for FY26

Billington Holdings plc cut its FY26 underlying profit-before-tax forecast to £4.0 million–£5.5 million, below market expectations of about £8.3 million. The revision reflects a material margin reduction on an industrial contract and client-led delays to the Tubecon bridge contract, whose contribution is now expected in 2027. Management said the issues are contract-specific and highlighted a record order book of approximately £120 million for 2026, a strong balance sheet and a substantial opportunities pipeline.