Multiplex numbers blunted by problem job

By Dave Rogers2018-06-13T13:44:00

Firm sees margins hit by unnamed scheme after turnover jumps to £1.2bn

The gloss was taken off Multiplex’s numbers last year with the firm taking a hit on a scheme for which it said it has been forced to make a provision of £10m.

The firm behind Foster + Partners’ Principal Place resdiential scheme on the Shoreditch fringe is working on a string of tower schemes in the capital, including the City’s tallest block, the 278m high 22 Bishopsgate tower, the 50-storey One Blackfriars residential job at the southern end of Blackfriars Bridge and the 56-storey One Nine Elms job coming out of the ground at Battersea.

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