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Displaying items by tag: Harland & Wolff Profits

#H&Wprofits – Returning to the black as Harland & Wolff have posted pre-tax profits of £8.7m following huge losses just a year earlier.

The Belfast shipyard clawed back its profits by opening up business across a range of areas after its more than £4m losses in 2013, Harland & Wolff has said.

Turnover for the year ending December 2014 shot up to £55m - a 70% rise on the same period in 2013, when it stood at £32m.

Harland & Wolff's sales and marketing manager David McVeighsaid the increase was down to "continual investment" in the firm, and moving on from the huge loss it suffered in 2013.

For more on this story, The Belfast Telegraph has a report here.

Published in Belfast Lough

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