McGee employees benefit from rise in profits

Staff at McGee are set for a bonus payout after profits doubled at the specialist engineering contractor.
Latest results for the year to 30 November 2023 show pre-tax profits up to £12.4m from £6.1m last time on turnover up to £121.8m from £83.3m.
Cash at the bank also increased to £14.6 million from £10.3m as the business remains debt-free, other than equipment funding.
McGee became employee owned through an Employee Ownership Trust back in 2020.The latest re