Ferrovial Construction UK plunges to £30m loss
Construction Enquirer
MAY 23, 2023
Ferrovial Construction UK suffered a £30m loss last year after big provisions for forecast losses on the £2bn Silvertown Tunnel project in East London. of forecasted losses. The firm revealed total provisions of £54m on the project for the year ending 31 December 2022. This figure is made up of £19.6m in like-for-like terms to £213m.
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