May 21, 2018 10:39 AM ET

Construction and Engineering

Company Overview of Wates Group Limited

Company Overview

Wates Group Limited provides construction services to public and private sector clients in the United Kingdom and internationally. It designs, develops, builds, refurbishes, and maintains education, retail, public sector, affordable housing, residential, and industrial and commercial projects. The company also offers property, engineering, residential property development, and property rental services. Wates Group Limited was founded in 1897 and is headquartered in Leatherhead, the United Kingdom.

Wates House

Station Approach

Leatherhead,  KT22 7SW

United Kingdom

Founded in 1897

3,972 Employees

Phone:

44 13 7286 1000

Key Executives for Wates Group Limited

CEO & Director
Age: 45
Interim Chief Financial Officer
Age: 51
Managing Director of Wates Smartspace
Age: 51
Managing Director of Government Affairs and Group Strategy Director
Compensation as of Fiscal Year 2017.

Wates Group Limited Key Developments

Wates Group Appoints David Allen as New Chief Executive

The Wates Group has appointed David Allen as its new Chief Executive. He assumes the role with immediate effect. The company's Chief Financial Officer since January 2016, David was appointed Acting Chief Executive in November 2017. David AllenDavid Allen joined Wates as Chief Financial Officer and Company Secretary in January 2016 following almost seven years as Crossrail's Finance Director. He joined Crossrail in 2009 from Laing O'Rourke, where he was Finance Director of its European Construction business.

Wates Group Reports Earnings Results for the for Year Ended December 31, 2017

Wates Group reported earnings results for the for year ended 31 December 2017. Turnover was up 9% to £1.62 billion compared to £1.53 billion a year ago. EBITDA up 8% to £47.2 million compared to £45.5 million a year ago. Profit before taxation up 7% to £35.7 million compared to 35.5 million a year ago.

Wates Group Ltd Appoints Joe Oatley as Non-Executive Director, Effective July 3, 2017

Wates Group Ltd, appointed Joe Oatley as non-executive director, effective July 3, 2017.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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