GF Tomlinson edges back into profit

Midlands builder G F Tomlinson Group has edged back to profit after falling £2.7m into the red in the previous year.
Contract start delays at the height of industry-wide cost inflation resulted in revenue falling to less than half that expected by the board.
Delays particularly on public sector jobs waiting for extra funding saw revenue slide 17% to £66.2m in the year to 30 June 2023.This generated £238,000 pre-tax profit albeit after a small operating loss of £71,000, he