Watkin Jones Plc announced that Mark Watkin Jones has notified the Board of his intention to stand down as the Group's Chief Executive Officer once a suitable successor has been appointed, following an orderly handover period. For personal reasons, Mark is not able to undertake a full time executive role over the longer term.

Watkin Jones Plc reported consolidated results for the year ended September 30, 2017. For the year, the company's revenue was £301,914,000 against £266,980,000 a year ago. Operating profit before exceptional IPO costs was £42,685,000 against £37,883,000 a year ago. Operating profit was £42,685,000 against £11,322,000 a year ago. Profit before tax from continuing operations was £43,278,000 against £13,264,000 a year ago. Profit from continuing operations was £35,800,000 against £5,085,000 a year ago. Profit attributable to ordinary equity holders of the parent was £35,800,000 against £4,207,000 a year ago. Basic earnings per share were 14.024 pence against 3.123 pence a year ago. Net cash inflow from operating activities was £19,246,000 against £15,127,000 a year ago. Acquisition of property, plant and equipment was £336,000 against £150,000 a year ago. Adjusted EBITDA increased by 8.6% to £45.2 million against £41.6 million a year ago, representing an adjusted EBITDA margin of 15.0% against 15.6% a year ago.