Sunday November 29, 2020

Fermanagh steelworks made £16.5m profit in 2008

Fisher Engineering, the Fermanagh steelwork firm that was sold for stg£90 million in 2007, made profits of stg£16.5 million in the year after the deal, writes Gavin Daly.

28th November, 2009

Fisher Engineering, the Fermanagh steelwork firm that was sold for stg£90 million in 2007, made profits of stg£16.5 million in the year after the deal, writes Gavin Daly.

The company, which was owned by brothers Ernie and Ivan Fisher, recorded a sharp rise in turnover last year, up to stg£67.1 million from stg£54.6 million in 2007. Pre-tax profits rose by more than 60 per cent, fromstg£10.3million in 2007 to stg£16.5 million.

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