Margin broadens for Northern Irish contractor as surging profit offsets falling revenue
Bullish
50.0
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.
The post Margin broadens for Northern Irish contractor as surging profit offsets falling revenue appeared first on Construction News.
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