Construction company BAM Ireland has said its turnover increased to €626.2m last year, compared to €460.8m in 2020.

In its annual report for 2021, the company said it has recovered from the impact of the Covid-19 pandemic.

It reported a pre-tax profit of €10.7m for 2021, compared to a pre-tax loss of €16.9m in 2020.

The company said 2020 was a particularly challenging year for the construction sector, and this spilled over into 2021 as all non-essential construction projects remained closed in the first quarter.

Despite the challenges faced throughout 2021, BAM said it continued to progress a number of key projects.

These included the completion of the Outpatient & Emergency Care Units for CHI at Tallaght and a satellite site to the principal Dublin 8 campus.

BAM Ireland said its future order book also improved, with a number of awards including the Athy Distributor Road, a number of new-build national schools in Dublin and Cork, and more recently as a Kier BAM Joint Venture, a position on the £1.2bn Major Project Partnership Framework for Northern Ireland Water.

"After a challenging 2020, these are good results which underline our commitment to customer success in what continues to be a highly competitive market," said Alasdair Henderson, Executive Director of BAM Ireland.

"As the industry prepares to deliver the modern infrastructure and built environment required by Irish society, we continue to take an active part in ensuring the necessary skills, technologies and procurement reforms are in place to drive more effective, more sustainable, and more predictable outcomes for our customers," he added.