Mercury reaps restructuring rewards as operating profits jump 19%

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Mercury reaps restructuring rewards as operating profits jump 19%
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Dublin-based engineering firm recently announced €25m investment in German off-site facility

Mercury, one of the biggest mechanical and electrical contractors in the State, said it is positioned for growth after a year of intense operational change in which it began restructuring its eight business units and committed to a significant capital investment in a new off-site manufacturing facility in Germany.

In a report attached to the accounts, the directors of the company said they prioritise bottom line growth over revenue expansion, adopting a “selective” approach to the work it takes on with a focus on “controlled growth”.Some 56 Aer Lingus flights cancelled this year due to pilot illness or being unavailableIrish start-up Slick+ bridges the gap in tacit learning associated with remote working

Mercury recently announced a €25 million investment in a new engineering and off-site manufacturing facility near Magdeburg in Germany.

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