Direct delivery model pays off as Murphy profit soars to £67m

Murphy’s direct delivery model yielded strong returns last year with pre-tax profit soaring 50% to a record £67m.
As the wider industry battled with supply chain challenges, Murphy’s marked improvement in performance saw operating margins jump from 3% to 5%.
Group revenue marginally declined 5% to £1.42bn in 2023, primarily due to the timing and completion of projects in Canada, although this was offset by continued revenue growth in both Ireland and the UK.Staff headcoun