Mott McDonald’s Irish arm plunges back into the red

The Irish arm of engineering firm Mott McDonald plunged back into the red last year after the firm performed below expectations.

New figures show that pre-tax losses at Mott McDonald Ireland Ltd last year totalled €310,648 after it posted pre-tax profits of €593,327 in 2013.

The firm returned to the red despite recording a 20% increase in revenues to €24.4m.