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Lindum Shares £2m Windfall with Staff as Profits Rise

Lindum Shares £2m Windfall with Staff as Profits Rise
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Lincoln-based contractor Lindum has returned more than £2m to employees last year through a mix of profit share and dividends, as its employee ownership model delivered strong returns.

The family and employee-owned business distributed nearly £1m through its profit-related pay scheme, which allocates 10% of annual profits equally among its 639-strong workforce, resulting in an average bonus of around £1,500 per employee.

Alongside this, the Chambers family, senior directors and employee shareholders shared a £1.99m dividend payout after the group declared a total dividend of 11.75p per share for the year to 30 November 2025.

With 506 employees holding shares — around 79% of the workforce — staff collectively own nearly half the business and benefit significantly from the dividend distribution.

The combined payouts reflect Lindum’s employee ownership structure, which blends widespread shareholding with equal profit distribution so that all workers benefit regardless of ownership status.

The financial results came during a strong trading year, with turnover rising 5.3% to £209m and pre-tax profit increasing to £13.2m from £10.3m.

Operating margins improved to 4.8%, up from 3.7% the previous year.

Lindum ended the year with £89m in cash, remains debt free, and reported net assets of £78m.

The company operates across Lincolnshire, Yorkshire and the East Midlands through regional divisions in Lincoln, York and Peterborough, spanning construction, housebuilding and support services.

Construction remained its core division, generating £172m in revenue, while housebuilding and joint ventures contributed £27m, alongside additional income from plant hire, servicing and waste recycling.

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