Careys looks to bounce back after £35m construction loss

Civils and construction specialist Careys is looking to bounce back from a “turbulent” year which saw the main contracting business record a £35m loss.
Accounts filed for parent company Araglin Holdings Ltd for the year to September 30 2022 show a record pre-tax profit of £30m from a turnover of £366m bolstered by a £65m profit from property and land sales.
But the main contracting division was plunged into the red by a number of problem contracts, project del