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Collins Earthworks blames profit dive on red diesel hit

Construction Enquirer

Derbyshire-based Collins Earthworks saw pre-tax profits nosedive to £4.7m Director Dave Collins said: “The profitability for the year has been impaired due to changes in government legislation on the use of red to white diesel, which has resulted in an increase in the costs during the year.” ” said Collins. .”

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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.

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How To Improve Construction Collaboration (and Profitability) with Modern Software

Viewpoint Construction Technology

In just 15 minutes, you’ll learn how ViewpointOne can remove challenges that block collaboration on a job site.

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How to Minimize Risk on Your Construction Site

Construction Junkie

However, safety risks are far from the only threat that construction sites are exposed to. 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.

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Taylor Wimpey starts just 13 new sites in first six months

Construction Enquirer

” As rising interest rates continue to choke off demand, revenue at the number two house builder fell 21% to 1.64bn, generating a pre-tax profit of £238m, down 43% on the prior year’s pre-exception items performance.

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Viewpoint Digitizes the Construction Industry

Viewpoint Construction Technology

At Viewpoint we strive to help customers streamline operations, decrease risk, increase profits and transform their businesses. We are connecting it with what is actually happening on the job site,” said Viewpoint chief executive Manolis Kotzabasakis. Read more about how Viewpoint seeks to digitize the job site in The Oregonian.

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Persimmon targets subcontractors in cost-cutting drive

Construction Enquirer

We are actively retendering sites to identify 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. Turnover was down to £1.19bn from £1.69bn as new home completions dropped to 4,249 from 6,652.