Britain’s largest private construction company said that a no-deal Brexit would pose a minimal risk, if any, to its present projects as it reported a £46.5m post-tax loss for its latest financial year.
Laing O’Rourke is filing its annual results today, more than four months after they were due — a delay, Stewart McIntyre, its finance director, said, that was down to the company’s lenders and auditors taking a more detailed look at the risks from its longer-term contracts, as well as the potential impact of Brexit.
They also assessed potential cost provisions associated with fire safety and cladding upgrades.
