Profits dip at Stepnell ahead of demerger

Stepnell has posted a rise in turnover but a drop in profits ahead of a demerger splitting the construction, property management and property investment elements of the business.
Latest results at Stepnell Limited for the year to March 31 2024 show turnover up to £108.8m from £93.7m last time as pre-tax profits fell to £1.04m from £1.27m.
The business, which operates regionally from offices in Nottingham, Rugby, Wantage, Bristol, Southampton and Poole, is looking to compl