FM Conway
| Company type | Private |
|---|---|
| Industry | Civil engineering |
| Founded | 1961 |
| Headquarters | Sevenoaks, Kent, England, UK |
Key people | Joanne Conway, chairman and chief executive[1] |
| Revenue | £535 million (FY to March 2023)[2] |
| Website | FMConway.co.uk |
FM Conway is a UK-based family-run civil engineering contractor specialising in highways and other infrastructure work.
History[edit]
Founded in 1961 by Francis Michael Conway (grandfather of the current CEO and chair),[1] it has a network of asphalt and aggregate recycling manufacturing plants serving London and the south of England, as well as two Thames-side wharves, at Erith and Gravesend.[3] The company was based in Dartford, Kent, but moved its headquarters to Sevenoaks in 2016.[4]
In February 2020, FM Conway was suspended from the Prompt Payment Code for failure to pay suppliers on time.[5] It was reinstated in August 2020 after process improvements."[6]
In the year ending 31 March 2022, FM Conway had revenues of £478.1m, up from £338.2m in 2021, with much of the growth due to the March 2021 acquisition of Toppesfield, which brought an addition £80m of turnover. Pre-tax profit was down 13% to £17.2m (2021: £19.8m).[7] Twelve months later (March 2023), the firm's turnover topped £500m, reaching £535m due to inflation and new work wins.[2] The company was ranked as the UK's 41st largest contractor by turnover according to Construction News.[1]
In May 2023, FM Conway bought Essex-based drainage contractor Flowline out of administration, saving 164 jobs.[8]
Projects[edit]
In February 2022, FM Conway and subcontractors Freyssinet and Taziker Industrial were set to start work on the restoration of Hammersmith Bridge in west London.[9]
In October 2023, FM Conway undertook repairs to London's Millennium Bridge during a three-week closure.[10]
References[edit]
- ^ a b c Pitcher, Greg (15 November 2023). "FM Conway names founder's granddaughter as new chief exec". Construction News. Retrieved 17 November 2023.
- ^ a b Morby, Aaron (15 September 2023). "FM Conway revenue tops £500m". Construction Enquirer. Retrieved 15 September 2023.
- ^ "Locations". Fmconway.co.uk. Retrieved 20 November 2023.
- ^ "Construction firm FM Conway moving HQ from Dartford to Sevenoaks". Sevenoaks Chronicle. 8 May 2015. Retrieved 15 July 2015.
- ^ Prior, Grant (12 February 2020). "F M Conway suspended from Prompt Payment Code". Construction Enquirer. Retrieved 13 February 2020.
- ^ Garner-Purkis, Zak (13 August 2020). "Prompt payment redemption for Kier Integrated Services and FM Conway". Construction News. Retrieved 13 August 2020.
- ^ "FM Conway turnover approaches £500m". The Construction Index. 6 October 2022. Retrieved 6 October 2022.
- ^ Prior, Grant (9 May 2023). "FM Conway buys Flowline from administrators". Construction Enquirer. Retrieved 9 May 2023.
- ^ "Conway team to start Hammersmith Bridge stabilisation this month". The Construction Index. 14 February 2022. Retrieved 14 February 2022.
- ^ Dale, Sarah (25 October 2023). "Catch net installed to soffit of Millennium Bridge to facilitate planned maintenance work". Infrastructure Intelligence. Retrieved 26 October 2023.
 | This article about an English company is a stub. You can help Wikipedia by expanding it. |