Profit falls again at Laing O’Rourke’s biggest division

By Dave Rogers2021-11-10T10:14:00

Firm blames impact of covid for drop

Profit at Laing O’Rourke’s largest division slumped by more than half last year, with the firm blaming the impact of covid-19 for the fall.

The divisional performances of the £2.5bn business are now emerging and the results for its biggest, Laing O’Rourke plc, show that pre-tax profit fell to £4.9m from £10.5m in the 12 months to March 2021. Revenue was down 8% to £1.5bn.

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