Steel contractor William Hare edges back to break-even

Constructional steelwork contractor William Hare delivered a modest £108,000 pre-tax profit last year after losses of £3.6m in the prior year.
Revenue at the Bury headquartered specialist contractor, which employs 676 staff, slipped by a quarter to £165m, as EBITDA margin recovered to 1.4%.
Despite the revenue slide, the country’s second biggest steelwork contractor said its order position remained very strong following significant wins this year with cash at bank level w