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Red profit falls as turnover nears £200m

Red Group has seen pre-tax profit fall by 28 per cent despite an 11 per cent rise in turnover to £189.9m, according to draft accounts. The contractor made £2.9m before tax in the year to 31 March 2026, down from £4.1m a year earlier. Its…

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Red Group has seen pre-tax profit fall by 28 per cent despite an 11 per cent rise in turnover to £189.9m, according to draft accounts. The contractor made £2.9m before tax in the year to 31 March 2026, down from £4.1m a year earlier. Its…

The post Red profit falls as turnover nears £200m appeared first on Construction News.

Read More

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