Construction Enquirer

MAY 14, 2023

Their case was taken up by legal specialist Nualaw who secured a protective award after an employment tribunal accepted Ellicon failed to consult on the redundancies as it went into administration. generating a pre-tax profit of £338,000 and employed 86 staff.

Consulting 130

Consulting Legal Employment Profitability 130

Construction Enquirer

JULY 17, 2023

Across the group, underlying profitability remained steady although pre-tax profit slipped 5% to £36m after a £13m hit on a revalued development joint venture for a mixed-use scheme in Oxford. Mace also delivered more than £214m of construction work through its construction management projects, not included in overall revenue.

Consulting 61

Consulting Security Profitability Employment 61

Construction Enquirer

MAY 17, 2023

Chairman Daniel Durkan said that the contracting team would be focused on enhanced profitability through two-stage tendering, which could result in lower volumes in future years. The strategy has not adversely impacted orders so far with work secured or at bidder stage totalling £385m. having been provided for future works.

Safety 92

Safety Profitability Housing Forecasting 92

Construction Enquirer

APRIL 27, 2023

As a result reported pre-tax profit dropped to £11.5m In his first year as chief executive, Matt Blowers saw the firm secure its largest ever job, a £600m order to deliver Sunset Waltham Cross Studios development in Broxbourne, Hertfordshire. . profit from £1.2bn revenue. from 0.83% previously. from £18.5m

Profitability 79

Profitability Debt Mobility Deals 79

Construction Enquirer

AUGUST 29, 2023

“Mature discussions” with clients about material price rises enabled specialist engineering contractor McGee to protect its profits despite rampant inflation. Latest results for the firm for the year to November 30 2022 show pre-tax profits steady at £6.1m from £6m last time despite a dip in turnover to £83.3m for £92.2m.

Risk 77

Risk Profitability Security Engineering 77

Construction Enquirer

JULY 12, 2023

Diversified construction group JRL has delivered strong revenue and profit growth at its main contracting business Midgard. Overall JRL group revenue for the year jumped 25% to £761m with pre-tax profit halved at £13m. As a result group margin dropped from 4.4%

Profitability 65

Profitability Maine Contract Engineering 65

Construction Enquirer

AUGUST 3, 2023

The fit-out operation which now is the largest on revenue alone drove profit growth at the business. Revenue increased by 14% up to £1,935m, while pre-tax profit was ahead 8% at £58m. Morgan Sindall trading divisions Revenue Operating profit margin £m change £m change % Construction 470 +20% 12.0 +6% Fit Out 498 +9% 30.4 +43%

Profitability 68

Profitability Infrastructure Security Environment 68

HardHatChat

AUGUST 7, 2019

Marijuana dispensary projects have similarities to traditional retail and “medtail” build-outs, but also entail special considerations and features for ensuring a secure environment for storing, displaying and selling the product. Security, Mechanicals and More. Good News for the Local Retail Landscape.

Legal 260

Legal Commercial Retail Illinois 260

Construction Enquirer

JULY 26, 2023

Despite materials and labour inflationary pressures, delays to highways works and the housing market slown down, the piling specialist increased pre-tax profit in the year to April 2023 to £5.3m Ground engineering specialist has ridden out market headwinds to deliver record revenue up 19% to £149m and stronger margins at 3.9%. previously.

Profitability 68

Profitability Regulation Security Environment 68

Construction Enquirer

AUGUST 9, 2023

Group Chief Executive Dean Finch said said: “We are reviewing our subcontractor pricing on a more frequent basis to identify opportunities to secure increased savings. “Just as we absorbed many price increases from subcontractors in recent years, so we need to share the cost pressures in this new challenging environment.

Work in Progress 97

Work in Progress Profitability Overhead Negotiation 97

Construction Junkie

MAY 25, 2021

With intelligent, scalable, and effective security services, you can minimize risk and keep your assets secure. Security is another major risk for many construction sites, with theft and vandalism commonplace and the exposed nature of many sites making them notoriously difficult to protect.

Risk 105

Risk Site Security Construction 105

Construction Enquirer

JULY 19, 2023

In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. Andrew Davies, chief executive, said that despite inflationary pressures Kier would report revenue and profit in line with expectations in September. ”

Debt 47

Debt Cash Flow Profitability Forecasting 47

Construction Marketing Ideas

MARCH 12, 2016

Construction Law, Policy & News blog provides worthy insights — even if you don’t live anywhere near North Carolina. Construction Law, Policy and News blog continues its multi-year reputation of providing solid and relevant information for the AEC industry within North Carolina. Secure your payment rights.

North Carolina 48

North Carolina News Lien Construction 48

Construction Enquirer

AUGUST 23, 2023

The construction arm of the Seddon Group, which only returned to profit of £2m last year after a prior year loss, was also hit by market inflation, project delays and fire safety remediation costs. “This secondary cause of inflation increases our costs further due to disruption and increased cost of securing alternate subcontractors.”

Feasibility 71

Feasibility Contract Negotiation Profitability 71

Viewpoint Construction Technology

JUNE 26, 2018

Hear the industry trends from experts, learn about the roadmap for future software developments, understand what steps your peers are taking to improve their organization’s productivity and profitability, and much more. There will also be plenty of opportunities to make new connections and contacts in the industry.

Conference 154

Conference Viewpoint Software Software 154

Construction Enquirer

JULY 24, 2023

“Securing this acquisition supports our ambitious growth plans to become a market leading transport infrastructure provider. generating a pre-tax profit of £876,000. Latest accounts for R&W Civil Engineering for the year to March 31 2022 show a turnover of £31.8m

Equity 69

Equity Infrastructure Profitability Deals 69

Autodesk Construction Cloud

NOVEMBER 13, 2023

Furthermore, according to insights from Accenture and Frontier Economics , the construction industry could witness remarkable profit growth—estimated at 71%—through AI integration over the next ten years. Autodesk's early investments in AI At Autodesk, we've always been committed to helping you maximize efficiency and profit.

Autodesk 142

Autodesk Construction Risk Products 142

Construction Enquirer

APRIL 26, 2023

Andy Hill, group chief executive officer, said a steady performance last year, which saw it maintain record profit of £66m from revenue down 5% at £716m, positioned Hill to pursue further strategic investments to achieve its goal of doubling the size of its business by 2025.

Housing 79

Housing Banking Income Retail 79

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. The really good news they are on the banks payroll.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Autodesk Construction Cloud

FEBRUARY 1, 2024

Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry. Faster payment cycles are essential for GCs and subcontractors alike to stay profitable in today’s fast-paced and evolving economic environment.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Construction Business Owner

APRIL 1, 2011

Industry News. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. The good news? Construction Law. People Management. Green Building. foundation.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

FEBRUARY 23, 2012

Industry News. So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. According to Eric, most of his clients have “far humbler” security checkpoints than what a data center can offer. Today’s Cloud Security. Construction Law.

Security 120

Security Construction Software Software 120

Lets Build

DECEMBER 21, 2021

Great news, you now have the possibility to add, remove or replace several people in charge of different tasks at once! ??. We keep investing a lot of time and effort into improving data security and ensuring a faster backend experience for all of our users. Do you want to learn more about our Planning & Progress module?

Products 78

Products Schedule Visualization Maine 78

Construction Business Owner

MARCH 1, 2012

Industry News. Turn Construction Data into Business Answers » Data Security in the Cloud. People I’ve talked to say it’s because they’re unsure of the security surrounding their business data. Security is whatever the local IT department decides is adequate. Security in these environments is very tight.

Construction 120

Construction Cash Flow Security Software 120

Autodesk Construction Cloud

FEBRUARY 6, 2024

But here's the good news: when you enhance your data capabilities, you see substantial benefits in your bottom line. become "data leaders") see a 50% increase in their average profit growth. It also allows them to invest in security to protect that data consistently. How can you become a data leader?

Construction 52

Construction Autodesk IDEA Organization 52

Construction Business Owner

APRIL 26, 2012

Industry News. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. Construction Law. People Management. Green Building.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

MAY 17, 2012

Industry News. Silos: Great for Grain, Not so Great for Business » Choosing a Cloud Host: Data Security. One key issue to consider is data security. Onsite Hosting and Security. However, is your data really more secure at your business? Tags: cloud hosting , Construction Software , data security.

Construction 120

Construction Software Software Security 120

Pro Builder

SEPTEMBER 30, 2021

Yet, to others, the recession is just a faint memory; something they heard about on the news or in school. Still, when the Great Recession hit, many companies advertised themselves out of business believing they could “ad-buy” their way to profitability. The starting price point secures that initial interest. That’s it. .

Profitability 98

Profitability Modeling Plans Negotiation 98

Pro Builder

SEPTEMBER 30, 2021

Yet, to others, the recession is just a faint memory; something they heard about on the news or in school. Still, when the Great Recession hit, many companies advertised themselves out of business believing they could “ad-buy” their way to profitability. The starting price point secures that initial interest. That’s it. .

Profitability 98

Profitability Modeling Plans Negotiation 98

Construction Business Owner

JUNE 14, 2012

Industry News. Geographically secure data backup. And last, but not least…Security. Security may be your number one concern when choosing your hosting solution. Previously I discussed the relative security of cloud computing solutions. Previously I discussed the relative security of cloud computing solutions.

Construction 120

Construction Software Software Security 120

Construction Business Owner

MAY 24, 2012

Industry News. « Choosing a Cloud Host: Data Security. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

APRIL 5, 2012

Industry News. And risk can be a profit center, since insurance companies obviously make money. Even if this doesn’t become an actual source of profit in and of itself, contractors who actively work to understand and control risk are in a position to make smarter project decisions that lead to higher profit margins.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

SEPTEMBER 27, 2011

Industry News. If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

JANUARY 18, 2012

Industry News. Querying different type of jobs in job costing to look at profitability by type. If the answer is no, then now may be the time to start looking into new tools and software programs that can make your job—and your life—easier. Construction Law. People Management. Green Building. Construction Safety. Ask the Expert.

Construction 169

Construction Software Software Accounting 169

Construction Business Owner

OCTOBER 14, 2011

Industry News. It’s not news that competition for work in most parts of the industry has increased or that margins have decreased. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. Construction Law. People Management. Green Building. Construction Safety.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

OCTOBER 25, 2011

Industry News. With all of the percentages in the news lately (99% here, 1% there), I found myself wondering about a different percent—the 30%. Education leads to improvement, efficiency, and profitability! Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing.

Construction 120

Construction Software Software Accounting 120

Lets Build

JUNE 27, 2017

One of their primary functions was to try and make a profit for their employer, be that the main or subcontractor. They will be happy, if they secure their fees for the projects and if the client and project team wants to work with them again. b) Any party tendering for any part of the works was an effective free market.

Construction 165

Construction Industrial BIM Maine 165