Incoming head replaces former chief who left late last year
Concrete frame firm Byrne Bros has appointed Philip Beausang as its new managing director.
The 40-year-old replaces Alastair Smyth who left the business at the end of last year.
Beausang joined Byrne in 2011 as a project manager on its Heathrow Terminal 2B development and has also worked on the Paddington Crossrail station development, built by Costain and Skanska, and Multiplex鈥檚 100 Bishopsgate tower scheme in the City of London. He was appointed a Byrne Bros director in 2018.
In its last set of results, Byrne Bros鈥� parent, Byrne Group, improved pre-tax profit by a quarter to 拢6.2m on turnover up 7% to 拢153m in the year to June 2022.
It said turnover at the concrete division, which has been working on Multiplex鈥檚 delayed One Nine Elms scheme along with HS2 schemes for Costain and Balfour Beatty, slipped 56% to 拢73m although operating profit was off by just 拢300,000 from the previous year鈥檚 number of 拢5m.
It said its concrete arm had been hit by 鈥渢he ongoing effects of the pandemic and rapidly rising inflation [which] caused serious delays to project starts鈥�.
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