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flag Northern Ireland’s construction sector sees stagnant profits despite turnover growth, driven by inflation, delays, and funding uncertainty.

flag Northern Ireland’s construction sector faces stagnating profit margins, with only 15% of firms reporting improved profits despite 40% seeing turnover growth, prompting many to seek opportunities abroad. flag Inflation and procurement delays are major challenges, while the Construction Employers Federation urges Stormont to approve a four-year capital budget by March 2026. flag Meanwhile, McLaughlin & Harvey posted a 30% turnover drop but a 51% profit rise, aided by strong cash reserves and new contracts. flag Reds10 and Higgins reported stable or improved performance, highlighting resilience through diversification and efficiency, while Story and Enerveo showed profit gains or loss stabilization amid restructuring.

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