Delivering with discipline in a challenging market
2025 was a year of staying disciplined and getting things done. The results reflect a business that held its ground and made the right calls in a difficult market.
Market conditions
The European construction market remained challenging throughout 2025. Elevated financing costs, restricted development pipelines, and ongoing geopolitical uncertainty – most notably the continued conflict in Ukraine – weighed on investment activity across our core markets in the UK and Scandinavia. The market recovery we had anticipated by mid-2025 did not materialise at the pace our strategy required.
The €250 million annual turnover target will not be reached by end of 2027. We are now targeting 2028-2029.
Performance
We grew revenue modestly with a focus on maintaining profitability. Strong EBITDA in this environment comes from deliberate choices – careful project selection, active risk management, and cost discipline. We completed several significant projects across the UK, Lithuania, and Iceland, reinforcing our reputation for delivering complex programmes on time and to specification.
A milestone worth noting – 2025 saw us secure the trust of CO-RE and Mitsubishi Estate – two of London’s most demanding and sustainability-focused developers – alongside Multiplex, for the Vista project. This is the kind of client recognition that does not come from a single good project. It reflects the cumulative credibility of our team, our processes, and our track record. Earning a place in programmes of this caliber is a meaningful signal of where Staticus stands in the market.
Sustainability
Sustainability is increasingly central to how we operate – not as a reporting obligation, but as a genuine part of how we design, manufacture, and deliver. Our clients face growing ESG scrutiny from investors and regulators alike, and they need partners whose sustainability credentials can withstand the same scrutiny. We take that responsibility seriously.
In 2025, we made further progress on our sustainability reporting capabilities through our Staticus XD Façade Management platform, which now covers both sustainability metrics and Golden Thread compliance. Our investment in Design for Manufacturing – first deployed in the UK at Michigan Avenue in Manchester – reduces material waste and improves production efficiency. Zero serious accidents remained our record and our standard across all sites. This commitment was recognised externally in 2025, when Staticus received an award for being the safest company in Lithuania – a result that reflects years of consistent effort, not a single initiative.
We recognise that the built environment has a significant role to play in decarbonisation, and façade systems are a critical part of that equation – influencing a building’s energy performance for decades. This shapes how we approach specification, material selection, and long-term performance at the design stage, working with our clients to meet their sustainability ambitions, not just minimum compliance thresholds.
People and compliance
Our team of approximately 700 professionals across seven European offices is the foundation of everything we deliver. In the UK, we continued to build preparedness for Building Safety Act Gateway 2 requirements – an area of growing complexity for the industry and one where we are among the best-positioned façade contractors in the market.
Underpinning all of this is how we expect people to show up.
Outlook
Our response is to build the kind of organisation that performs well precisely when conditions are unpredictable.
That means maintaining strong risk management discipline at every stage – from project selection through to delivery. It means cross-functional teams that bring together commercial, technical, and operational expertise to identify and resolve issues early, before they become problems on site. And it means short planning and review cycles that keep us close to reality, assessing what is working, adjusting where needed, and moving forward with clear priorities rather than rigid assumptions.
We enter 2026 with a solid order book and a strong pipeline across the UK and Scandinavia – a firm foundation for sustainable growth. Our UK backlog – One Exchange Square, Holborn Viaduct, Michigan Avenue, King’s Road Park, and Vista – gives us forward visibility and operational continuity. In Scandinavia, we are positioned to move as Nordic construction activity recovers – with secured projects including The Whale, S6, and Roxtec already in our order book.
Our focus for 2026 is clear, navigate uncertainty with discipline, keep our teams aligned, and maintain the operational rhythm that keeps us close to reality and ahead of risk.
