Laing O’Rourke to float by 2024

Laing O’Rourke founder and chief executive Ray O’Rourke is planning to list the business on the stock exchange within the next three years.

O’Rourke revealed the timeline to take the country’s largest private contractor public in an interview with the Financial Times.

He said: “We will float the company in a few years’ time. By 2024 we will be in good shape.”

Latest results for the firm showed pre-tax profit jumped nearly 40% to £46m in the year to March 2020, despite revenue dipping 11% to £2.4bn.

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