Construction company behind National Children's Hospital posts 78% increase in pre-tax profit 

The company said that although turnover was down 34% compared to last year, the focus on 'fewer but better quality projects' has started to yield 'positive operating results'

BAM generated a turnover of €468m in 2023 —  down from €705m in 2022.  

BAM, the construction company behind the controversial and over-budget development of the National Children’s Hospital (NCH), posted a pre-tax profit of €21.3m last year — a 78% increase compared to 2022.

In its latest financial statement, the company said it generated a turnover during 2023 of just over €468m down from €705m during 2022. The cost of sales last year stood at over €433m.