Caterpillar: Price rises help profit pass £100m at UK arm Business Profit at the UK arm of Caterpillar has jumped past £100m after its international sales surged during its latest financial year. The Leicestershire-headquartered division has posted a pre-tax profit of £102.2m for 2023, up from the £74.4m it achieved in 2022. Newly-filed accounts with Companies House also show that its turnover rose from £1.33bn to [...]
Ibstock profit slashed as ‘exceptionally wet weather’ hits construction industry Property Sales and profit at building supplies company Ibstock has continued to fall as “exceptionally wet weather” badly affected the construction industry. The London-listed firm, which is headquartered in Leicestershire, saw its revenue drop 20 per cent to £178m in the first six months of 2024, down from £223m last year. Ibstock said this decrease was [...]
Breedon Group’s profit slumps as rain slows construction sector progress industrials Construction materials supplier Breedon reported a dip in its profit despite increased revenue following a major US acquisition earlier this year.
Accsys’s fall in revenue leaves it struggling to see wood for the trees June 26, 2024 Sustainable timer maker Accsys blamed "recessionary forces" as being behind a fall in revenue and profit in its preliminary full year results.
Victoria sweeps flooring market woes under the carpet June 19, 2024 Full-year profit at Victoria dipped from £76.9m to £27.1m, alongside a 14 per cent fall in revenue to £1.23bn.