
Interserve suffers £244m loss after further write-offs
Debt-stricken Interserve plunged to a £244m loss after a full contracts review saw a further wave of write-downs. The core business delivered an underlying trading profit of £54m, mainly from the RMD Kwikform business, before nearly £300m of write-offs. Revenue was stable at £3.25bn, while operating profit was adversely impacted by poor performances in both […]