Willmott Dixon profit hit by £6m cladding provision as firm warns on covid impact

By Dave Rogers2020-06-08T05:00:00

Contractor says money set aside in event it needs to carry out repair work

Willmott Dixon said a provision of more than £6m to carry out possible repair work on cladding following the Grenfell Tower fire three years ago dragged profit down by 18% last year.

In accounts filed at Companies House, the firm said pre-tax profit slumped from £35.5m to £29.2m on turnover down 6% to £1.2bn.

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