Sir Robert McAlpine claws way back into profit

Sir Robert McAlpine has fought its way back into the black, posting a £10.4m pre-tax profit for the year to October 2024 after a bruising £105m loss the year before.
The turnaround came just eight months after chief executive Neil Martin took the reins, with the booked profit arising from a slender £2.6m trading profit and £6.9m in R&D tax credits.
In a year marked by a shift to a national, sector-focused model, the private contractor also tightened its grip on cash,