Renamed Bovis Construction suffered £16m loss last year

Lendlease Construction (Europe), now renamed Bovis Construction, suffered heavy losses before US investor Atlas Holdings entered talks to buy the business.
Results for the year ending 30 June, which have just been published at Companies House, show that Lendlease Construction suffered a loss of £16m (2023: £12m profit) on revenue down 7% at £471m.The firm fell into the red after reporting total provisions amounting to £45m covering legal claims and remediation work on leg