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Keep up to dateBy Dave Rogers2019-06-25T05:00:00
Newarthill says £20m of exceptional items eat into firm’s bottom line
Reorganisation costs, closing a pension scheme and a PPP penalty helped wipe out most of the pre-tax profit Sir Robert McAlpine’s parent made last year.
Newarthill said it racked up exceptional items of £20.3m leaving it with a pre-tax profit of just £660,000 in the year to October 2018.
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