Construction News

18/05/2010

Bowen Announces Profits Growth

Bowen Construction has reported a 9% growth in profits for its operations last year.

The Cork-based company has announced that turnover last year was down over 30% on 2008 at €140m.

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Bowen's costs fell roughly in line with its turnover, leaving it with €4.9 million in operating profits in 2009, ahead of the €4.4 million it recorded the previous year.

The company built the Cork Airport Business Park and is currently working on the Luas extension to Cherrywood in Dublin.

(NS/BMcC)

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