C Spencer back in profit after four years in the red

Hull-based multi-engineering contractor C Spencer Engineering Group has returned to profit after weathering four years of losses.
A turnaround year to March 2022 saw revenue soar by nearly two-thirds to £75m, helping to generate a £790,000 pre-tax profit after a £1.7m loss last year.
The group entered the new financial year with secured work in hand of £50m and a pipeline of £210m.
Slipform Engineering, in which parent company Spencer Engineering Group, holds a majo