Emcor returns to profit despite 10% drop in turnover

摘要

M&E contractor Emcor posted a 10% drop in turnover to ￡320m in 2009, although pre-tax profit was up to ￡11.2m from ￡10.9m.rnThe London-based firm said market conditions remained "challenging", and its decision to leave the rail sector had hit its performance.rnDespite this, Emcor remains in a strong cash position, having grown its reserves from ￡53m to ￡67m over the year, and it pointed to growth in its facilities services business.