Lakehouse backs turnaround after £33m loss

摘要

Lakehouse executive chairman Bob Holt has backed his restructured firm to return to profit after posting a £33m loss. Speaking to Construction News, Mr Holt said restructuring was complete and the contractor was on course to be profitable in 2017. Mr Holt joined the firm as nonexecutive chairman in July last year, after the exit of chief executive Sean Birrane in March and the resignation of former chairman Stuart Black. Lakehouse founder Steve Rawlings,who returned to the board in April 2016, passed away in July.