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Housing Today
Trusted media brand of the Chartered Institute of Housing
Second year of losses at Durkan despite 72% turnover growth in housebuilding division
Building safety provision pulled firm down into the red despite turnover growth
Turnover in Durkan’s housebuilding division increased 72% last year, though new provisions for building safety remediation resulted in a second year of losses.
Results for the year ended 30 November 2023 showed the division recorded income of £50.8m, up from £29.5m the year prior.
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