Amey reports £428m loss amid sell-off talks

By Will Ing2019-07-30T13:37:00

Reports link private equity firm with deal

Amey has reported an eye-watering pre-tax loss of £428m from a £2.3bn turnover in 2018 – as a private equity firm eyes a deal to buy the contractor from its Spanish parent Ferrovial.

The support services firm attributed all its losses to exceptional items, following problems at its utilities and environmental divisions.

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