27-09-2022 15:11 via constructionenquirer.com

Rising costs tip William Hare to £3.6m loss

Constructional steelwork contractor William Hare sunk into the red last year as rising costs and steel price hikes adversely impacted the firm.
Despite resurgent revenue soaring by more than 60% to nearly £220m, the steelwork contractor suffered a £3.6m loss compared with a £1.3m a profit in the previous heavily impacted 2020 Covid year.
The country’s second biggest steelwork contractor said its order position remained very strong following significant wins this year with
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