Van Elle Holdings (LSE:VANL) said revenue rose by 12% in the first half of its financial year, covering the six months to 31 October 2025, even as trading conditions across the construction sector remained challenging. The group expects to post revenue of around £73 million for the period, up from £65 million a year earlier.
The increase was largely driven by higher activity levels in the General Piling and Strata Geotechnics divisions, reflecting improved project volumes and a solid order flow in specialist ground engineering services.
Van Elle also continued to build momentum in the UK Energy and Water markets. Within Energy, the company is progressing investigation and design work on the Beauly to Loch Buidhe transmission scheme for Wood Group and has commenced its first transmission projects with M Group. In Water, Strata Geotechnics secured a position on United Utilities’ AMP8 soil investigation framework and is delivering several wastewater treatment schemes alongside contractors including Galliford Try, Kier and Costain.
Management noted that market conditions remain difficult, particularly due to ongoing delays linked to Building Safety Act approvals for high-rise residential developments. However, the Board welcomed a recent update from the Building Safety Regulator confirming that staggered applications for new high-risk buildings will soon be permitted, a change expected to help speed up approvals during 2026.
Van Elle is scheduled to publish its interim results on 26 January 2026 and said it remains confident of delivering full-year performance in line with market expectations, including underlying profit before tax of £3.0 million from continuing operations.
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