Number up by half on 2018 figure
The country鈥檚 second biggest steelwork contractor saw profit jump 50% last year, its latest accounts have revealed.
William Hare posted a pre-tax profit of 拢5.3m on turnover down 8% to 拢203m.
The firm, which is working on architect OMA鈥檚 Factory arts complex (pictured) in Manchester which is being built by Laing O鈥橰ourke, said the covid-19 pandemic had not yet hit upcoming workloads.
The accounts, which were signed off at the beginning of August, said: 鈥淲hilst the impact of the covid-19 pandemic is being closely monitored, it is encouraging to note that quality projects continue to come to market and the pipeline of opportunities remain healthy.鈥�
Hare said it had 拢24m of cash in the bank, down from 拢28.6m in 2018, with the number of employees during the period rising 4% to 1,849.
Earlier this year, the firm鈥檚 chief executive David Hodgkiss died from coronavirus. He was 71.
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