Get all your news in one place.
100's of premium titles.
One app.
Start reading
Insider UK
Insider UK
National
Peter A Walker

Muir Group reports pre-tax losses

Muir Group has reported a pre-tax loss of £4.3m as it restructured the revenue profile of Muir Homes.

The family-run property developer and contractor, due to celebrate 50 years in business next year, said the financial performance came as a result of challenges facing the whole sector, including margins being squeezed and chronic skills and labour shortages.

The full-year results did, however, show an increase in turnover on the previous financial year by nearly £22m.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.