Bowmer & Kirkland retains strong cash despite margin slip

Derby-based building contractor Bowmer & Kirkland returned stable revenue and profit last year despite more challenging market conditions.
Turnover was stable at £1.15m, while trading profit fell by just over 22% to £47m as overall group margin slid from 5% to 4% in the tighter market.
But the overall group pre-tax profit remained stable at £63m, down just 3% on the previous strong performance in 2021.This was helped by its development arm Peveril Securities which completed