Steel Manufacturer Reports 52% Jump In Pre-tax Profits As Sector's Recovery Beds In

And turnover at Castlewellan-based Walter Watson Ltd also jumped by around 25% during 2016 - from £45m 


to £55.3m. 


Bad debts were also down, although competitive pricing was a challenge, the firm said. 

However, the firm said it was hopeful that gradual recovery in the construction sector would continue. 

Walter Watson Ltd also made charitable donations of £1m for communities in the areas it works. 

Employee numbers also grew from 221 to 247.