Army’s Camp Bastion managers in £3m loss

The technical consultancy that has helped the Army manage and maintain infrastructure at the Camp Bastion military base in Afghanistan slumped to a £3.3 million pre-tax loss today.

WYG International posted an £11.9 million pre-tax profit the previous financial year, but fell into the red in the 12 months to March as it refocused the business. This included closing its loss-making Republic of Ireland division last September.

Chief executive Paul Hamer said: “In the UK, we have been successfully winning work in our key sectors, including urban and commercial development, defence and justice and energy and waste, despite continued subdued UK market conditions.”

Revenue was £125.7 million, down from just under £140 million last year. WYG said a modest upturn in housebuilding in southern England resulted in work to secure planning approvals for developers.