Prater sinks to £9m loss

By Dave Rogers2021-09-28T05:00:00

Firm says covid and problem contract put it firmly in red

Façade and cladding specialist Prater sank into the red last year with the firm blaming the impact of covid-19 and a problem job for its financial woes.

The firm, which has been owned by German firm Lindner for the past decade, said it racked up a £9.4m pre-tax loss last year from a £2m profit in 2019.

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