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Business Apr 09, 2025

Pre-tax profit plunges at Wates despite record turnover

Tier one contractor Wates posted record annual turnover last year although its statutory pre-tax profit nosedived, its latest accounts show. The firm – ranked 7th in last year’s CN100 index of top UK contractors – saw its revenue (excluding joint ventures) rise by 9.2 per… The post Pre-tax profit plunges at Wates despite record turnover appeared first on Construction News...

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