Jarvis Is Losing Steam

Daily MailJuly 15, 2009

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Summary


DELAYS to Network Rail track replacement spending pushed rail contractor Jarvis to a full year loss.

The York-based company, which came close to collapse in 2004, said it swung to a pre-tax deficit of Pounds 6.3m from profits of Pounds 4.5m after being hit by Pounds 8.1m of one-off restructuring and redundancy costs.

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Jarvis Is Losing Steam

Jarvis is one of...

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