Multiplex returns to black

By Dave Rogers2022-03-22T07:00:00

Firm puts cost of covid and problem 22 Bishopsgate job behind it

Multiplex returned to the black last year after the cost of dealing with covid and huge losses on its 22 Bishopsgate contract wrecked its numbers in 2020.

The London tower builder sank to a pre-tax loss of £158.5m on turnover down from £872m to £599m in 2020 but in its latest accounts, which have now been filed at Companies House, the firm turned in a pre-tax profit of £2.6m on turnover up one third to £793m.

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