2019 was marked by a number of flagship projects. In Ireland, Center Parcs in Longford Forest was officially opened following a rapid construction process to build 446 lodges and 30 apartments, as well as restaurants, administration buildings and a subtropical paradisiacal pool and spa.
Sisk also completed the new entrance to the spectator stand and associated bars and restaurants as part of the
redevelopment of Curragh Racecourse.
Excellent progress continues to be made in the construction of the new TU Dublin campus in Grangegorman, extending beyond both the eastern and central quadrilaterals. As part of Sisk’s partnership commitment, it launched a multi-year sponsorship of the TU Dublin Elite sports program in February this year.
Elsewhere, construction of a major bio-production facility for Johnson & Johnson at Ringaskiddy in the Port of Cork is nearing completion.
In Dublin, work continues on the delivery of the Fibonacci Square office development in Ballsbridge, the redevelopment of a leading retail site on Nassau Street in Dublin city center and Wilton Park, a nine-story office development adjacent to the Grand Canal.
2019 also saw the major overhaul of Pearse Station in Dublin taking shape, and this flagship project for the Sisk civil engineering team was completed in 2020. Among the active projects underway in Ireland is the construction of empowerment of the Dunkettle Interchange project in County Cork.
UNITED KINGDOM OPERATIONS
In the UK, the iconic International Convention Center at Celtic Manor in Newport, Wales has been completed and opened. In London, key milestones were reached on two residential projects for Quintain at Wembley Park – Sisk has worked with Quintain for 15 years. Sisk also completed the handover of the Boeing Goldcare hangar at Gatwick Airport.
In Manchester, then in Taoiseach, Leo Varadkar visited Sisk’s large city center project, Circle Square, and the infill of the first two commercial buildings is now complete.
New projects for the year also included a mixed development for Rockwell at Canary Wharf, the new Isle of Man ferry terminal in Liverpool, civil works at York Central and a tram extension project in Blackpool. .
In 2019, Sisk launched a number of flagship projects in the UK, including the Mercian Project, which at 42 floors is Birmingham’s tallest residential tower, for Moda.
Sisk’s European activities continued to expand, primarily in the specialist data center and life sciences sectors, where she has extensive experience.
During the year, the group worked on data center and life science projects in Belgium, the Netherlands, Switzerland and Denmark, and is currently working on two large-scale data centers in Sweden. Sisk also continued to work with Primark at a number of locations in Europe.
In 2019, Sisk and Designer Group launched a new joint venture – Sensori FM – offering fully integrated facilities management services to a large customer base.
Sisk also acquired the Galway-based Vision Built group of companies. Vision Built is an offsite manufacturer of thin gauge steel panels for the residential, commercial, hotel and educational industries.
In 2020, Sisk’s residential construction division, Sisk Living, will build 630 homes in nine projects.
The fifth generation family business is also part of a consortium with Macquarie and Choice Housing to deliver PPP Bundle 1. This is a 120 million euro project to deliver 1,500 social housing units in total.
Sisk has a strong secure works order book for 2020 and 2021. The company estimates that the main financial impact of Covid-19 will be to postpone some revenue from 2020 to 2021 due to the temporary shutdown and / or slowdown of live construction. projects, particularly on the Irish market. The group has a solid capital structure, with high levels of uncommitted cash and no bank debt. As a result, the Board of Directors believes that the group is currently well placed to face the challenges that Covid-19 may impose on its activities.