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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Harland & Wolff reports £25.5m loss as expenses from growth swell

John Wood Harland and Wolff Harland Wolff Royal Navy United States

Shipbuilder Harland and Wolff has reported a widened pre-tax loss of £25.5m as expenses swelled during its Covid-19 recovery.

The maritime engineering company is known for the famous Belfast shipyard where the Titanic was built, and its parent company InfraStrata plc bought Devon’s Appledore shipyard in August 2020 in a £7m deal.

The group published detailed accounts of its financial performance for the 17 months to December 31, 2021, in its latest annual report.

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