Mulitplex puts Wembley problems behind them as construction division profit hits 拢17.3m
Wembley stadium contractor Multiplex has reported a first half profit, turning around last year鈥檚 loss.
The Australian construction group posted a net profit of 拢119.5m for the first half, compared to a 拢48.3m loss in the first half last year. Multiplex鈥檚 construction division, which includes Wembley, booked a pre-tax profit of 拢17.3m, compared to a loss of 拢151.9m in the prior corresponding period.
In a statement, the company said: 鈥淭he construction workbook in the UK was significantly de-risked with the transfer of White City to Westfield and with project completion of Wembley now imminent.鈥�
The statement added: 鈥淢ultiplex is working closely with WNSL to secure project completion of the stadium early in 2007 and able WNSL to achieve operational readiness.鈥�
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