Octavius profit rises under new private equity ownership

Private equity-owned civils contractor Octavius Infrastructure has reported improved profits since being hived off from Osborne Group.
Pre-tax profit for the year to March 2022 jumped just over a quarter to nearly £6m on revenue dipped by 7% to £191m.
The slide in revenue was largely the result of the completion of some large contracts and the focus on more profitable business following the purchase of Osborne Infrastructure by funds managed by Sullivan Street Partners in September 2