Tarmac: Building materials group sheds jobs as turnover hits £2bn Business Turnover at building materials group Tarmac hit £2bn during its latest financial year as its profit jumped, it has been revealed. The Solihull-headquartered company’s increased sales in 2023 come after its turnover stood at £1.99bn in 2022. Newly-filed accounts with Companies House also show its pre-tax profit improved from £125.9m to £168.1m over the same [...]
Epwin expects demand for building products to ‘remain subdued’ in 2024 Property Building products supplier Epwin has posted a slide in revenue for the first half of 2024 and said demand would likely "remain subdued" through the rest of the year.
Grenfell: Firms involved to be barred from public contracts, Starmer vows Politics Companies involved in the failings that led to the Grenfell Tower fire tragedy will no longer be awarded government contracts, Sir Keir Starmer has said. The Prime Minister apologised for the disaster – which saw 72 people die in the tower block blaze in June 2017 – in a grave statement to the House of [...]
Ibstock profit slashed as ‘exceptionally wet weather’ hits construction industry August 7, 2024 Sales and profit at building supplies company Ibstock has continued to fall as “exceptionally wet weather” badly affected the construction industry. The London-listed firm, which is headquartered in Leicestershire, saw its revenue drop 20 per cent to £178m in the first six months of 2024, down from £223m last year. Ibstock said this decrease was [...]
Sig profit plummets as cracks show in European flooring market August 6, 2024 Sig said its performance reflected "challenging conditions" in the UK Interiors market, where it designs anything from ceilings to raised access flooring.
Accsys’s fall in revenue leaves it struggling to see wood for the trees June 26, 2024 Sustainable timer maker Accsys blamed "recessionary forces" as being behind a fall in revenue and profit in its preliminary full year results.
Online building materials CMO suffers from challenging market and poor British weather May 31, 2024 Online-only building materials firm CMO's revenue and profits suffer a significant drop over the last financial year as the group blames a "difficult market backdrop"