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McAleer & Rushe on track for record £425m revenue

The firm predicted a strong year ahead after publishing results for 2021, which reveal turnover rebounded 38% to £400m slightly ahead of the pre-pandemic high in 2018.

McAleer & Rushe also restored profitability doubling pre-tax profit to £15m after drawing a line under all pandemic projects.

Cash fell from £65m over the year to £48.5m.

Finance director Eamon Higgins said McAleer & Rushe also increased focus on the residential sector signing major contracts last year with repeat clients Taylor Woodrow Central and Legal & General.

Over the year, the number of staff rose by over 9% to 359 staff.