Pre-tax profit was down about 25% to 拢5.7m (2018: 拢7.7m) on turnover down 9% of 拢163m (2018: 拢179m)
Gilbert-Ash managing director Ray Hutchinson writes in the company鈥檚 annual report: 鈥淲hilst market conditions remain very competitive, the directors are encouraged by the current order book and the future pipeline of opportunities. The company continues to focus on developing business opportunities in Great Britain which should lead to continued growth in the medium term.
鈥淔ollowing the recent outbreak of the Covid-19 pandemic, the directors have considered its potential impact on the company. The directors have modelled a number of different scenarios and are confident that, through continued strong financial management, the company can successfully overcome the challenges presented by Covid-19.鈥�
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