C&F Tooling posts losses of €3.04m in 2015

Turnover for the year was €93 million, down by €30 million on the previous year

19th February, 2017
Founder and chief executive of C&F Tooling John Flaherty

C&F Tooling, the Galway wind turbine manufacturer, made a loss of €3.04 million after tax in its latest accounts, filed for the year ended 2015.

Turnover for the year was €93 million, down by €30 million on the previous year. The reduction was due to the termination of a number of unprofitable contracts, the directors’ report said.

“These were terminated during that year as the focus continues on developing sustainable, profitable business,” it...

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