Redhall got the "best result it could" in Vivergo case

REDHALL Group has said its only option was to defend itself in a lengthy dispute with renewable energy giant Vivergo Fuels, despite the Yorkshire company taking a £7.7m hit from the action.

The specialist engineering support services business announced that pre-tax losses had more than doubled last year in its results this week and said the Vivergo settlement has resulted in an exceptional charge of £7.7m, although there is no cash impact through this charge. The preliminary results followed the announcement that Redha... For the full story register now for free or login below...