Bam eyes settlement on problem Sheffield job as profit heads north

By Dave Rogers2021-05-20T08:58:00

Firm forced to start from scratch on £65m unviversity scheme

Bam has said it is hoping to reach a settlement on the problem contract which blew a hole in its 2019 accounts after the firm announced improved pre-tax profits for last year.

The firm said profit was up to £13.7m in 2020 from £9.4m after that number was hit by a problem job it is building in Sheffield.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community