Margin broadens for Northern Irish contractor as surging profit offsets falling revenue
Stronger bidding selectivity has seen McLaughlin & Harvey broaden its profit margin despite a sharp fall in turnover, the contractor’s latest accounts show. Revenue fell by a third (or £258m) to £612.1m but pre-tax profit rose by 52 per cent to £18.2m, according to the… The post Margin broadens for Northern Irish contractor as surging profit offsets falling revenue appeared first on Construction News.
AI brief
Pulse reads the full article- What happened
- Why it matters
- What to watch
Sign in to get the AI brief. Pulse explains what happened, why it matters, what to watch and who's exposed. Free for members.
Sign in to read the brief
