Engineering firm’s losses quadruple

Pre-tax losses at the Irish arm of consultancy engineering firm Mott MacDonald nearly quadrupled last year as the construction downturn continued to hit its business.

Newly filed accounts show that pre-tax losses at the UK-owned Mott MacDonald Ireland Ltd increased from €568,680 to €2.2m last year.

Revenues at the firm — which has offices in Dublin, Cork and Waterford — declined by 33%, from €19.3m to €12.9m, during the year.