Building contractor still profitable

A DIRECTOR of one of the largest building contracting firms in the mid-west yesterday said he is pleased the company has remained profitable throughout the recession.

Alan McCarthy of Brian McCarthy Contractors Ltd was commenting on accounts just filed that show the firm recorded pre-tax profits of €130,344 after revenues fell by 63%, from €40.1 million to €14.6m, in the 12 months to the end of December last.

He said: “We are four years into the recession and we have remained profitable. We are very pleased with that and we have had a lot more success than our competitors. That is testament to how the company has managed the crisis and the quality of our staff here.”