OHOB concrete frame arm drives group profits

South East concrete frame and building contractor O’Halloran & O’Brien Group edged profits up to £21m last year despite a 10% fall in revenue to £313m.
The group’s main O’Halloran & O’Brien groundworks and concrete frame business delivered a substantial turnaround in profitability in a challenging market in the year to March 2024 with pre-tax profit up just over 50%  to £13m.
Operating margin was restored to 4.4% from 3.2% previously a