Winvic restores profit margin after clearing loss-making jobs

Shed and multi-room building contractor Winvic restored profitability this year after suffering losses on prepandemic-bid jobs in the prior year.
Revenue in the year to January 2024 fell 21% to £959m but the firm managed to ride out tough market conditions to deliver an 80% uplift in pre-tax profit to £19m.
Managing director Simon Girardier said: “Despite ongoing market challenges over the past year, our business strategy has demonstrated its resilience, allowing us to maintain