Morrisroe Group slips into red for second year

Diversified concrete, demolition and piling contractor Morrisroe Group has run up losses for a second consecutive year.
The firm managed to contain losses to £1.3m in the year to October 2023, improved from £11m in the prior year.
Losses for the prior 2022 year were restated from a previously reported £6.9m after an ‘unforeseen matter’ on a concrete frame scheme which gave rise to an increase in cost not previously forecast.
Following a review of all other legacy pr