Why roads down under led to a plunge in profit for WBHO
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Construction group, WHBO is battling down under. The company has posted a 16% rise revenue but cost overruns at a roads project in Australia has offset gains from its African and UK operations leading to a 56% plunge in operating profit. Company's Chair, Mike Wylie joined Business Day TV for greater perspective on the numbers and what it suggests for a business in an ailing sector.