Bachy turnover sinks by over £100m as HS2 surge fades
Bachy Soletanche has reported a sharp fall in turnover and profits as the piling giant’s HS2 workload drops away from peak levels.
Latest accounts for Bachy Soletanche Holdings (Europe) show turnover plunging 43% to £143m last year, down from £250m, as two major HS2 packages wound down.
Pre-tax profit more than halved from £16m previously to just £6m.Despite the downturn, the Lancashire-based geotechnical specialists maintained a resilient balance sheet, ending the
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