Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

16Aug91 UK: WICKES REPORTS A 1991 INTERIM PRETAX LOSS OF £12.9M.

A pre-tax loss of £12.9 million for the half ending June has been reported by Wickes, the timber and merchanting group. Last time it made a profit of £6.1 million.But chairman Henry Sweetbaum said the company had recovered in the second quarter after heavy rationalisation of its UK business, with a pre-tax profit of £1.1 million.Mr Sweetbaum warned that there is no sign of a significant improvement in the economy and that the company was unlikely to recover the full loss ...

Subscribe now for unlimited access and receive...

  • The latest client and contractor news
  • Interviews with industry leaders
  • Insight into contractors’ strategies, performance and contract activity
  • Market data, industry trends and forecasts
  • Technical reports on innovation and best practice techniques

Register for guest access and receive...

  • One free article per month
  • Breaking and Daily News alerts straight to your inbox
  • Expert opinion and Editor's Comment articles
  • CN Briefings on the day's talking points
  • Picture galleries showcasing the biggest projects

Already a subscriber? Click here to sign in

Print subscriber? Activate your digital account here