Alun Griffiths halves loss and shifts focus from ‘multiple, high-value projects’

Civils contractor Alun Griffiths has halved its pre-tax loss amid a rejig to focus on smaller contracts, as it battles soaring costs on large projects. The firm tabled a pre-tax loss of £48.9m in the year to 31 December 2024, down from £95m, as it… The post Alun Griffiths halves loss and shifts focus from ‘multiple, high-value projects’ appeared first on Construction News.

Tarmac sells troubled civils contractor Alun Griffiths back to founder

Tarmac has sold financially stricken civil engineering contractor Alun Griffiths back to its founder, whose name it bears. The post Tarmac sells troubled civils contractor Alun Griffiths back to founder appeared first on New Civil Engineer.

Alun Griffiths set to rescue firm he sold for £36m

Tarmac to hand back Welsh civils contractor after five years of losses

Troubled contractor Griffiths withdraws from Worcestershire flood scheme

Alun Griffiths has pulled out of delivering a flood defence scheme in Worcestershire in the latest sign of trouble at the financially unstable contractor. The post Troubled contractor Griffiths withdraws from Worcestershire flood scheme appeared first on New Civil Engineer.

Alun Griffiths posts £95M pre-tax loss for 2023 and begins staff restructuring

Welsh civils contractor Alun Griffiths has begun a consultation with staff over restructuring the business as it posts a loss of £95M in 2023 – its fifth consecutive pre-tax loss. The post Alun Griffiths posts £95M pre-tax loss for 2023 and begins staff restructuring appeared first on New Civil Engineer.