ISG margins squeezed as orders hit record £1.9bn

A series of hyperscale jobs placed ISG on a steady footing at the start of the year after its order book swelled 18% to a record £1.9bn.
ISG’s Fit-out and Construction operations demonstrated strong resilience against a challenging global economic backdrop in 2022 maintaining group revenue at a record high of £2.2bn.
But the challenges impacted average group operating margins which was squeezed down to 0.5% from 0.83% previously.
This resulted in reported pre-tax profit droppin