Profits fall at BAM UK contracting operations
Construction Enquirer
AUGUST 17, 2023
BAM’s UK building and civil engineering business saw profits fall in the first half as inflation and supply chain issues eroded margins. Building arm BAM Construction saw profits fall by 30% to £13.2m The larger civils business, BAM Nuttall, fared better with stronger revenue up nearly 7% to £554m and profits down 13% at £14.4m.
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