'Single project' blamed for Murphy's £9.1m 2014 loss

摘要

Murphy Group has posted a £9.1m loss for 2014, with the company blaming the downturn on one of its major projects. The loss for the year to 31 December 2014 contrasts with a profit of £34.7m in 2013. The firm said difficulties with design, cost escalation, supply chain and engine-related technical breakdowns at its Beckton CHP scheme were behind the loss, which "overshadowed what was an otherwise satisfactory outcome in the UK business". The £70m Beckton project for client 2OC was awarded in April 2013. Turnover for 2014 fell to £780.5m, down from £953.8m the previous year.