But firm behind main Commonwealth Games stadium in Birmingham expecting better numbers this year

McLauglin & Harvey said the cost of dealing with covid cut profit by nearly half last year.

The firm, which is building the 拢60m main athletics stadium for next year鈥檚 Commonwealth Games in Birmingham, said the bill for complying with the CLC鈥檚 site operating procedures meant pre-tax profit fell to 拢5.9m in the year to December from 拢11.5m.

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McLaughlin & Harvey won the deal at Birmingham鈥檚 Alexander Stadium just before the first covid-19 lockdown last year

Turnover at the Northern Ireland-based business, which also includes a landfill division and distribution arm, fell to 拢480m from 拢514m last time.

The company鈥檚 accounts show it claimed 拢2.2m from the government鈥檚 Coronavirus Job Retention Scheme although it did not say how many of its 800 staff it had furloughed.

The firm also revealed that it paid a dividend of just over 拢2m during the period with some critics of the furlough scheme suggesting firms should not take taxpayers鈥 cash and pay dividends as well 鈥 unless they pay back the money claimed first.

It added that its current 鈥渙rder book, tender opportunities and performance are very healthy鈥 so far this year. The firm said its net cash balance at the year-end was 拢69.9m.