06-02-2023 08:42 via constructionenquirer.com

Project delays curb Ardmore growth ambitions

South East contractor Ardmore missed ambitious profit and growth targets last year after four major project starts were delayed and several subcontracts collapsed.
The firm expected to deliver a sharp jump in revenue to £550m last year on the back of a strong pipeline of orders.
But the delays and wider market and inflationary challenges saw revenue rise by a more modest 7% to £435m, although still reaching a record for the hotel refurbishment and luxury to affordable housing contrac
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