Inflation sees turnover and profit drop at Ogilvie’s construction business

By Daniel Gayne2024-01-05T11:47:00

Scottish builder has moved towards two-stage procurement environments

Pre-tax profit at contract hire and construction firm Ogilvie dropped 28% to £16.4m, the Scottish firm’s latest annual results show.

The figure was significantly lower than the £22m recorded last year, despite a 17% increase in turnover in the year ended 30 June 2023.

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