27-08-2024 08:34 via constructionenquirer.com

Groundworks specialist M&J Evans suffers £21m loss

Midlands groundworks and civil engineering specialist M&J Evans plunged to a loss last year as it grappled with the slowdown in house building.
Revenue reported by the housing groundworks specialist’s holding group fell by around quarter to £334m.
This fall in sales led to operational inefficiencies, which together with high market inflation, contributed to trading losses for the year to December 2023 of £2.7m, compared with an operating profit of £22.6m in the prior
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