* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, July 28, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Micro wrestling coming to NE Ohio – Cleveland.com

    Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

    League City seeking proposals for 53-acre entertainment district on sportsplex land – galvnews.com

    League City Invites Proposals to Transform 53-Acre Sportsplex into Vibrant Entertainment District

    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Micro wrestling coming to NE Ohio – Cleveland.com

    Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

    League City seeking proposals for 53-acre entertainment district on sportsplex land – galvnews.com

    League City Invites Proposals to Transform 53-Acre Sportsplex into Vibrant Entertainment District

    Top 5 entertainment news: Sandeep Reddy Vanga regrets trimming Animal’s runtime by 7-8 minutes, Akshay Ku – Times of India

    Top 5 Entertainment Highlights: Sandeep Reddy Vanga Reveals Why He Trimmed Animal’s Runtime by 7-8 Minutes, Plus Akshay Ku Updates

    Cote de Pablo reveals how Michael Weatherly used his soap opera roots to put her at ease in “NCIS” love scene – yahoo.com

    Cote de Pablo Reveals How Michael Weatherly’s Soap Opera Background Made Their “NCIS” Love Scene Easier

    City of Pelham announces entertainment district plans for former Oak Mountain Amphitheatre site – WVTM

    Pelham Unveils Exciting New Entertainment District Plans for Former Oak Mountain Amphitheatre Site

    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Eagle Unveils Revolutionary X-Ray Technology at Pack Expo

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    Validea’s Top Information Technology Stocks Based On Peter Lynch – 7/25/2025 – Nasdaq

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    WhoFi: New surveillance technology can track people by how they disrupt Wi-Fi signals – Tech Xplore

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco – GlobeNewswire

    Behind the Screens: The Impact of Technology on Real Estate – TRREB

    Behind the Screens: How Technology is Transforming the Future of Real Estate

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Vinci blames fixed-price contracts for £44m loss

October 20, 2023
in Business
Vinci blames fixed-price contracts for £44m loss
Share on FacebookShare on Twitter

Latest numbers filed at Companies House show the firm plunged into the red from a £23.6m profit last time as turnover for the year to December 31 2022 ticked-up to £1.28bn from £1.17bn.

The biggest losses were at the building division which made a £37.3m pre-tax loss compared to an £11.7m profit in 2021.

The building losses were blamed on two fixed price jobs signed before the covid pandemic – a £100m new specialist hospital for private healthcare provider HCA UK in Birmingham and a £100m student accommodation job for UCL in east London.

Vinci said it is no longer taking on medium or long-term contracts “if they do not include fair price adjustment clauses.”

The company also suffered losses at its facilities management division where a problem PFI contract with the Coventry and Rugby Hospital led to a pre-tax loss of £31.9m from a £10.9m profit last time.

Chief executive Scott Wardrop said: “Our company has been impacted negatively by several legacy events which have necessitated posting significant provisions and losses in both Vinci Building and Vinci Facilities.

“2022 has been very difficult, but we face 2023 beyond with the full support of our shareholder Vinci Construction SAS.”

The Taylor Woodrow civil engineering division was the bright spot for Vinci  as pre-tax profits increased to £10.8m from £8.6m.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : ConstructionEnquirer – https://www.constructionenquirer.com/2023/10/20/vinci-blames-fixed-price-contracts-for-44m-loss/

Tags: blamesbusinessVinci
Previous Post

Council wins cladding removal court case

Next Post

RAAC: police station vacated following ‘headlines last month’

Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

July 28, 2025
National Science Foundation staff decry Trump’s ‘politically motivated’ cuts – The Guardian

National Science Foundation Staff Rally Against Politically Motivated Budget Cuts Under Trump

July 28, 2025
Test Yourself on Science Fiction That Became Reality – The New York Times

Can You Believe These Science Fiction Ideas Are Now Reality?

July 28, 2025
At 35, wobbling on a bike, I met the child I never got to be – VegOut

At 35, Wobbling on a Bike, I Rediscovered the Child I Never Got to Be

July 28, 2025
In a stressful human world, ‘mermaiding’ gains popularity in D.C. area – The Washington Post

Escape Stress with the Magical World of Mermaiding: A Growing Trend in the D.C. Area

July 28, 2025

Iran’s Economy in Crisis: Soaring Inflation and Collapsing Investments Shake the Nation

July 28, 2025
Micro wrestling coming to NE Ohio – Cleveland.com

Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

July 28, 2025
Pacific Mind Health Releases 5-Minute Mental Health Check-In Toolkit – Yahoo Finance

Boost Your Wellbeing with the New 5-Minute Mental Health Check-In Toolkit

July 28, 2025
‘Adapt … or we’re in danger of becoming extinct’: See Rep. Torres’ warning for Democrats – CNN

Adapt or Face Extinction: Rep. Torres Delivers Stark Warning to Democrats

July 28, 2025
U.S. House Passes Florida Congressman’s Consumer Safety Technology Act – West Orlando News

U.S. House Passes Landmark Consumer Safety Technology Act Introduced by Florida Congressman

July 28, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (743)
  • Economy (767)
  • Entertainment (21,647)
  • General (16,155)
  • Health (9,804)
  • Lifestyle (775)
  • News (22,149)
  • People (769)
  • Politics (776)
  • Science (15,981)
  • Sports (21,264)
  • Technology (15,747)
  • World (750)

Recent News

Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

Pine Park Becomes a Cold-Weather Ecology Lab – Dartmouth

July 28, 2025
National Science Foundation staff decry Trump’s ‘politically motivated’ cuts – The Guardian

National Science Foundation Staff Rally Against Politically Motivated Budget Cuts Under Trump

July 28, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version