Covid takes axe to McGee’s numbers

By Dave Rogers2021-07-26T05:35:00

Demolition specialist expects turnover to approaching pre-pandemic level this year

Demolition specialist McGee has said it expects turnover this year to recover to pre-pandemic levels after its income and profit last year were ravaged by the covid-19 crisis.

The firm, which completed a switch to an employee ownership model during the period and is headed up by group managing director Seb Fossey, said revenue slipped 30% to £76m with pre-tax profit sinking 85% to £1.2m in the year to November.

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