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

7th February 2014

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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 Redhal......for the full story register now for free or login below...


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