Covid hits Billington’s numbers

By Dave Rogers2020-09-23T08:59:00

Revenue and profit fall sharply at steel firm

Listed steelwork contractor Billington saw revenue and profit tumble in the first half with the firm blaming jobs delayed and cancelled by the covid-19 pandemic for the falls.

Income slumped 30.5% to £32.8m in the six months to June with pre-tax profit crashing 77% to £610,000 from £2.7m.

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