Firm eyeing 拢500m income next year

McAleer & Rushe has promoted five staff to contracts directors as part of a plan to take turnover beyond 拢500m.

The Northern Irish firm said secured income this year would be 拢450m with this rising to 拢500m next year.

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McAleer & Rushe specialises in resi schemes

The firm, which is building a 拢100m student accommodation scheme in the City of London, said the five 鈥� Lorcan Mulvey, Michael Yohanis, Mark McCormick, Paul Marlow and Eoin Gormley 鈥� were all taking up newly created roles at the business.

In its last set of results, McAleer & Rushe, which specialises in building residential schemes such as those for Quintain at Wembley Park and British Land at Canada Water, said turnover rose 5% to 拢404m in 2022 but pre-tax profit was down 19% to 拢12m.

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