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Doubt cast at Laing O’Rourke’s Irish firm

Arm of multinational construction firm uncertain of ability to continue

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Laing O'Rourke is involved in the construction of the Hinkley Point C nuclear power station in the UK

Laing O'Rourke is involved in the construction of the Hinkley Point C nuclear power station in the UK

Laing O'Rourke is involved in the construction of the Hinkley Point C nuclear power station in the UK

Laing O’Rourke Ireland, a subsidiary of Irish-owned multinational construction firm Laing O’Rourke, has reported an uncertainty which may cast doubt on its ability to continue as its parent group is looking to refinance or renew debt facilities.

The potential material uncertainty relating to Laing O’Rourke Ireland is included in its results for the year ended March 2020. It said the company relies upon its trading relationship with and financial support from its ultimate owner, Laing O’Rourke Corporation Limited Group.


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