Incoming head replaces former chief who left late last year
Concrete frame firm Byrne Bros has appointed Philip Beausang as its new managing director.
The 40-year-old replaces Alastair Smyth who left the business at the end of last year.
Beausang joined Byrne in 2011 as a project manager on its Heathrow Terminal 2B development and has also worked on the Paddington Crossrail station development, built by Costain and Skanska, and Multiplex’s 100 Bishopsgate tower scheme in the City of London. He was appointed a Byrne Bros director in 2018.
In its last set of results, Byrne Bros’ parent, Byrne Group, improved pre-tax profit by a quarter to £6.2m on turnover up 7% to £153m in the year to June 2022.
It said turnover at the concrete division, which has been working on Multiplex’s delayed One Nine Elms scheme along with HS2 schemes for Costain and Balfour Beatty, slipped 56% to £73m although operating profit was off by just £300,000 from the previous year’s number of £5m.
It said its concrete arm had been hit by “the ongoing effects of the pandemic and rapidly rising inflation [which] caused serious delays to project starts”.
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