Taylor Woodrow posts £1.3m loss as revenue rises

摘要

Vinci's civil engineering arm Taylor Woodrow has posted a £1.3m loss in the business's latest financial results. It reported a pre-tax loss of £1.3m for the year to 31 December 2015, down from a pre-tax profit of £5.6m in its previous results, with revenue rising to £79.3m from £79.1m over the same period. The majority of the firm's work in the year was made up of two major contracts at Tottenham Court Road and Victoria stations. The project at Tottenham Court Road accounts for £21m of turnover, down from £23m in 2014, while Victoria makes up £30m, down from £31m. Taylor Woodrow is also on long-term frameworks including Lot 3 of Highways England's £5bn Collaborative Delivery Framework, covering projects worth between £25m and £100m.