article thumbnail

Careys looks to bounce back after £35m construction loss

Construction Enquirer

Accounts filed for parent company Araglin Holdings Ltd for the year to September 30 2022 show a record pre-tax profit of £30m from a turnover of £366m bolstered by a £65m profit from property and land sales. Looking forward, we are well positioned and on a strong, sustainable footing.

article thumbnail

Fit-out work lifts Morgan Sindall to record first half

Construction Enquirer

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%

professionals

Sign Up for our Newsletter

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

article thumbnail

Direct delivery model continues to pay off for Murphy

Construction Enquirer

pre-tax profit from £61.6m in 2022 while staff numbers rose to 3,688 from 3,579 and the order book grew by 13% to £2.52bn. “These outstanding results are a testament to the hard work and dedication of our colleagues, our focus on sustainable business practices and our strong client relationships. .

Modeling 104
article thumbnail

Ferrovial Construction UK plunges to £30m loss

Construction Enquirer

Karl Goose, Managing Director for the UK & Ireland said that Ferrovial Construction continued to pursue its strategic plan to grow sustainably in the UK and improve margins. He said that across the rest of the UK business portfolio, Ferrovial made an underlying EBIT profit of £22m.

article thumbnail

Meet BREEAM, America’s Newest Green Building Certification

Viewpoint Construction Technology

The BREEAM certification process was developed in 1990 and uses a rating system to assess building sustainability in a variety of categories. BREEAM buildings could be the next big thing in sustainable construction. in 2016 , which allowed owners of existing buildings to assess their sustainability and achieve certifications.

article thumbnail

Job Order Contacting & Line Item Estimating Basics Workshop

Job Order Contracting

It is based on the locally researched 4BT OpenJOC(TM) Unit Price Book and detailed line item estimating as the cost basis. . Job Order Contracting is used by universities, school districts and municipalities statewide as well as other non-profit, not-for-profit institutions. .

article thumbnail

Job Order Contracting – Education & Training Note #201 – What is a unit price

Job Order Contracting

Answer: A unit price is a detailed description and associated material, labor, and equipment line item within a Job Order Contract Unit Price Book, UPB. When used in Job Order Contracts, a unit price historically does not include contractor profit and overhead as this is account within the JOC co-efficient.

Education 100