Revaluation of assets a boon for I&H Brown – Herald

Margaret Taylor, Business correspondent and personal finance editor

PERTH civil engineering and waste disposal business I&H Brown saw its
pre-tax profits more than triple last year thanks to a significant
revaluation of its property assets.

The group, whose activities also include property development, farm
management and plant hire, posted a 214 per cent rise in pre-tax profits in
the year to August 2016, with the figure rising from £2.1m to £6.6m.

SNIP

Mr Brown confirmed that the group is no longer developing a wind farm at
North Calliachar in Perthshire “following the removal of subsidies”.

Its Slievenahanagan wind farm in Northern Ireland, which Mr Brown said has
been “repowered” is expected to start producing electricity this year.