BUSINESS

Amey records £428m loss

A costly highways contract with Birmingham City Council has contributed to a pre-tax loss of £428m for outsourcing firm Amey.

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By Martin Ford | 01 August 2019

A costly highways contract with Birmingham City Council has contributed to a pre-tax loss of £428m for outsourcing firm Amey.

Revenue increased by 5.7% from £2.2m to £2.32m compared to the first half of 2018 and the company achieved a pre-tax profit of £208,000 before exceptionals.

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Martin Ford

Popular articles by Martin Ford

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