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Farrans sank into loss in final year before acquisition

Northern Irish contractor Farrans Construction fell into the red last year after “challenging market conditions” and heavier provisions hit the company’s bottom line, newly released annual accounts show. Farrans – which was acquired by Sisk last November – reported a pre-tax loss of £36.2m in…

The post Farrans sank into loss in final year before acquisition appeared first on Construction News.

Northern Irish contractor Farrans Construction fell into the red last year after “challenging market conditions” and heavier provisions hit the company’s bottom line, newly released annual accounts show. Farrans – which was acquired by Sisk last November – reported a pre-tax loss of £36.2m in…

The post Farrans sank into loss in final year before acquisition appeared first on Construction News.

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