Alun Griffiths to “restructure and resize” after £95m loss

Civils contractor Alun Griffiths has launched an “urgent restructure” after posting a £95m loss from a turnover of £263m in its latest accounts.
Results filed at Companies House for the year to December 31 2023 show a pre-tax loss of £95m compared to £20m last time on turnover down to £262.7m from £301m.
The firm said “Following the significant trading challenges experienced over the past few years, the company has carried out a comprehensive