article thumbnail

3 construction industry trends in 2023

Lets Build

The same issues plaguing the industry last year—labour shortages, supply chain disruptions, high material costs, lower profit margins, etc.—followed followed us into 2023. These challenges will likely result in even smaller profit margins in the months to come.

article thumbnail

Profits soar at Caddick Group in “rude health”

Construction Enquirer

Caddick Group saw profits jump by more than 40% as it posted latest results for the year ending August 2022. Across the group – which includes Moda Living, Caddick Developments and Caddick Construction – pre-tax profits hit £58m from a turnover up 28% to £492m.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Balfour Beatty profits dip on weak US office, tech sectors

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

article thumbnail

6 Construction Leaders Share How They’re Protecting Profits in 2023 

Autodesk Construction Cloud

To fulfill project and profit expectations consistently – and provide fulfillment for workers themselves. In The Construction Executive's Guide to Protecting Margins , we asked six industry leaders (and a colleague in engineering) how they’re managing profits, projects, and people. As we know, construction is very cyclical.

article thumbnail

9 Keys to Building a Reliable Commercial Construction Subcontractor Network

HardHatChat

As anyone in the commercial construction industry knows, reliable, responsive, and skilled subcontractors are the lifeblood of our business. This has allowed us to perform at a high level, ensuring quality finished products, a maintained schedule, and being mindful of the budget. They are a fantastic resource.

article thumbnail

Introducing Digital Builder Insider — Construction Resources for the Industry, by the Industry? 

Autodesk Construction Cloud

Autodesk is launching Digital Builder Insider — a collection of resources from industry leaders and up-and-coming thinkers immersed in the world of construction. ? . To provide a global perspective on what’s happening across construction, we’re tapping into trusted industry voices. Let’s Meet the Insiders . Ivana Tudja ?, Cliff Cole?,

article thumbnail

Join Us at the AHR Expo Next Week

Viewpoint Construction Technology

If you are attending, we’re inviting you to swing by Viewpoint’s booths at the show (#3321 and #3400) for a look at some exciting ways we’re trying to make your service jobs easier and more profitable. Why visit with us at AHR?

US 130