Saturday, April 11, 2009

PC Harrington turnover breaks ВЈ200m barrier

PC Harrington's annual turnover grew 37% to break the ВЈ200m barrier for the year ended 31 May 2008.

Turnover for the year was nearly ВЈ202m, up from ВЈ147m in the previous year.

Meanwhile pre-tax profit increased by nearly 60% from just under ВЈ8.0m to ВЈ12.7m - a return of 6.3%.

The group's activities are supported by its subsidiaries, which include:

PC Harrington Contractors HTC Plant Hire P&E Harrington Plant Hire Slipform International Structural Systems UK

The bulk of the group's turnover was accounted for by PC Harrington Contractors, which saw a 32% rise to ВЈ151.5m. Pre-tax profit stood at ВЈ7.5m - a 64% increase on the previous year.

The highest-paid director of PC Harrington Contractors received ВЈ327,382 for the year, up from ВЈ280,823 in 2007.


PC Harrington turnover breaks ВЈ200m barrier


But the company has warned that the figures for the year to 31 May 2009 are unlikely to be anything like as sparkling.

It said that its "success had taken a downturn" recently, as it pleaded guilty to health and safety breaches at the City of London Magistrates Court in relation to a fatal accident at Wembley in 2004.

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