NG Bailey bounces back to profit

Independent engineering and services business, NG Bailey, has reported a return to profitability as it delivers on its diversified business strategy and continues to play a key role in the decarbonisation of the UK economy.
For the year ending 1 March 2024, the company reported annual turnover of £600m, up from £532m in 2023, with an underlying operating profit of £11.2m (2023: a loss of £17.3m).
NG Bailey has maintained its strong balance sheet with net assets of £