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Morrison Construction builds 50% profit rise to £4.7m

Morrison Construction boosted pre-tax profits by 50% from£3.18m to £4.77m in the six months to September 30.

Turnover at the Edinburgh-based construction and developmentgroup rose 25% to £123m. The building and propertydevelopment arm raised operating profits by 58% to £3m onsales of £66.7m. Civil engineering made an operating profitof £1m on sales of £28m. The company has won contracts in England and Scotland under the private finance initiative.

  • The Financial Times 04/12/96 page 32
  • The Daily Telegraph 04/12/96 page 24
  • The Times 04/12/96 page 30

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