Losses mount for construction consultancy

LOSSES have grown for Lancashire construction consultancy Driver Group with its six-month interim dividend payout ditched.

Although revenue for the listed Haslingden company grew 32% to £27.9m (2015: £21.1m) in the half-year to March 31, pre-tax losses amounted to £3.4m (2015: loss of £2.1m).

Nevertheless, the company managed to increase its headcount from 461 to 541.

Chairman Steve Norris said: "During the last six months the group has undergone profound change both in terms of management, cost... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...