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

House move pushes margins up at Story


MOVING into house building has helped Cumbrian contractor Story Construction push margins to nearly 19 per cent.

The firm, which was only set up seven years ago by Frederick Story, pushed pre-tax profits up £3.7 million to £8.7 million in the year to March 2004.

With turnover bundling up £16.8 million to £46.8 million, margins rose to 18.6 per cent from 16.7 per cent.

Building, civil and housing turnover rose £13.6 million to £38.5 million and the workload at the rail arm tracked up £4.4 million to £7 million, but plant turnover halved to £1.3 million.