24-06-2022 07:40 via constructionenquirer.com

Imtech vows to avoid big resi jobs after return to profit

EDF-owned building services contractor Imtech returned to profit last year and is now targeting £600m revenue for 2022.
The forecast of a strong year ahead follows a restructure of the main engineering services division and recovery from legacy contracts.
Revenue grew in 2021 by just over a quarter to £562m generating a modest pre-tax profit of £3.9m, after its £27m loss in the previous year.
Most of the growth came from engineering services where revenue jumped by over &
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