Scottish contractor posts 拢4.4m pre-tax profit on turnover up to 拢147.5m

Ogilvie Construction has posted an 81% jump in pre-tax profit from 拢2.5m to 拢4.4m for the year ended 30 June 2008.

Turnover at the company, which is based in Stirling in Scotland, grew 56% from 拢94.8m to 拢147.5m. Ogilvie ended the year with net assets of 拢11.7m.

The company operates in sectors that include leisure, industrial and education.

The pay of the highest-paid director rose by 22% from 拢145,000 to 拢177,000 and the average pay across the UK-based firm's 464 staff was 拢34,000.

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