Lorne Stewart returns to profit after two years in the red

Saudi-owned M&E contractor Lorne Stewart has returned to profit after a board-led turnaround programme cut costs, shut underperforming regions and tightened project selection.
The Greenford-based engineering and facilities services specialist posted a pre-tax profit of £1.6m for the year to 31 December 2025, reversing a £1.6m loss the previous year and ending two consecutive years in the red.
Turnover edged up 5% to £107m, while operating profit recovered to £1.2m fro