Restructure pays off as Higgins returns to profit
Restructure pays off as Higgins returns to profit
Higgins Group is back in the black after a restructure.
Latest results for the year to July 31 2024 show a post-tax profit of £320,000 following a £25.9m loss last time as turnover ticked-up to £208m from £171.9m.
Declan Higgins, Chief Executive Officer said: “Despite a difficult market, the Group has demonstrated resilience and continues to evolve, responding positively to change, resulting in growth and a return to profitability.
“We are also pleased to report a strong robust future workload with a secured order book and development pipeline exceeding £1billion. This pipeline reflects our ability to maintain strong relationships with clients and suppliers, ensuring the company can adapt to changing market demands.”
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