Uk news
The latest numbers compare to a £5.4m loss in the old year from a turnover of £215.9m.
The company blamed the figures on project delays caused by 2d staircase ideas and fabricate value inflation.
Additional provisions had been also made for building safety remediation work with £18.96m now area aside for submit-Grenfell upgrades.
Higgins restructured the trade in the route of the year with £1.1m spent on redundancy payouts.
The agency said: “Higgins Partnerships project shipping was segmented into areas leading to a significant enchancment in operational effectivity whereas offering a solid platform for impart.
“The trade will reap the profit of the restructure in our latest financial year.”
