Ardmore cites insolvencies and ‘poor management’ for £11m loss

05 Feb 2024 By Ian Weinfass

Digital Edition: Ardmore cites insolvencies and ‘poor management’ for £11m loss

Ardmore has blamed inflation, supply-chain failures and “some poor management” as the reasons it suffered a £10.8m pre-tax loss for the year ending 30 September 2023. Newly released financial results show that the main contractor’s turnover dropped to £403.1m from £435.1m – falling far short…

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