Strict contract selection sees turnover dip at Stepnell

Stepnell saw a drop in turnover in its latest results as the contractor continued to pick contracts carefully.
Revenue for the year to March 31 2022 fell to £90m from £104m last time as pre-tax profits nudged-up from £1m to £1.25m.
Stepnell said its turnover was “slightly down on what was budgeted due to delayed works on some key projects due to the pandemic.”It added: “The dip was also as a result of the firm’s continued robust governance, turning