Careys back in profit after £47m turnaround
Civils and construction specialist Careys has staged a major turnaround at its main contracting business which is back in the black.
Latest accounts filed for parent company Araglin Holdings Ltd show the construction division made a profit of £9m for the year to 30 September 2023 compared to a £38m loss last time from a turnover up to £402m from £366m.
Around ten problem jobs rocked Careys last year but they have now mainly been worked through and contract selection for f
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