Aecom woe as profit nosedives

By Dave Rogers2018-06-21T06:00:00

Firm says problem job sent number tumbling

Aecom’s UK business saw a problem contract eat into the firm’s bottom line last year with pre-tax profit more than halving to £3.3m.

The firm said profit slumped 52% in the year to September 2017 from £6.9m the year before.

It said profit was “lower than expected due to the losses taken on an underperforming project in one of the company’s core market segments”.

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