Steelwork specialist JDP margin hits 12%

Scotland’s biggestg constructional steelwork contractor J&D Pierce (Contracts) saw margins enter double figures despite a sharp fall in revenue last year.
The Ayshire firm, which was bought by Sweden’s Storskogen Group two years ago,  saw pre-tax profit hold firm at £10.5m as revenue slipped to £104m from £138m, adjusted to a pro-rata basis from in the previous 17-month year.
Operating margins rose to 12% in the year to December 2023 from 10% before.Derek P