Contractor Takes £6.8m Hit Following Britishvolt Collapse NG Bailey, one of the UK’s largest engineering and construction firms, has posted a £25m pre-tax loss for the year ending 3 March 2023, down from a £3m pre-tax profit the prior year. The group attributed the losses to a number of factors, including unprecedented inflationary pressures, delays, …
Category: Wales
Kier reports strong profit growth and margin improvement
The construction and services group recovers from losses and achieves a 3.9% operating margin Kier Group, one of the UK’s leading construction and services companies, has announced its financial results for the year ended 30 June 2023. The group has reported a significant increase in profits and a reduction in debt, as well as an …