Housing contractor Durkan suffers second year of losses

South East housing contractor and developer Durkan suffered a second year of losses last year after further provisions for fire safety legacy work.
Despite a 30% rise in revenue to £172m, the provisions and pressure on the housing market saw it suffer pre-tax losses of £3.9m in 2023, improved from a £9.3m loss in the prior year.
During 2023, Durkan increased provision by £6.7m to bring a total carrying amount set aside for fire safety works to £12.6m.Durkan trading