Early DfMA deals contribute to Laing O'Rourke profit loss

摘要

Laing O'Rourke has revealed that three Design for Manufacture and Assembly (DfMA) construction deals accrued exceptional losses of £43.3M for the year ending March 31, 2016. The company said the losses related to three first generation DfMA contracts in the UK. It said: "These projects were substantially redesigned in order to demonstrate the benefits of DfMA. Significant lessons have been learned from these projects, all of which were won in 2013; a particularly price-driven market."