Problem jobs send McAlpine nosediving to loss of more than £100m

By Dave Rogers2024-07-31T07:00:00

Firm says four contracts and restructuring costs help push it deep into red

The scale of the rebuild facing Sir Robert McAlpine’s new chief executive was underlined this morning after the firm said it sank to a pre-tax loss of more than £100m last year which it blamed on four problem jobs and restructuring costs.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community