article thumbnail

Consultancy growth stabilises Mace at £1.9bn revenue

Construction Enquirer

Mace’s consultancy business achieved record growth last year offsetting a dip in construction activity to keep revenue stable at £1.9bn. Consultancy revenue jumped by just over a third to hit £500m, while project delays at the main construction business saw revenue dip £100m to £1.4bn.

article thumbnail

Home Builder Profitability Reached Highest Level on Record

Pro Builder

Home Builder Profitability Reached Highest Level on Record. Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income data in 1994. The previous record was set in 2006, but 2020’s net profit average of 11.4% for a net profit of 11.4

professionals

Sign Up for our Newsletter

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

article thumbnail

3 steps to a profitable exit strategy

Construction Dive

To make the most money when it’s time to sell, owners need to focus on building value in their firms, writes construction consultant Matt Verderamo.

article thumbnail

Seven Traits of Profitable Specialty Contractors

Fieldwire

Anyone who has managed a construction company, department, or project knows profitability can be challenging. Intense competition, fluctuating market conditions and other factors often result in tight profit margins. Even with numerous challenges, specialty contracting can be profitable. In-Demand Expertise.

article thumbnail

Former staff at collapsed groundworks firm win payout

Construction Enquirer

Former workers at a collapsed Kent groundworks contractor are set to receive cash payouts after being dismissed without consultation. Twenty seven ex-staff at Ellicon Construction have won their legal battle after they were dismissed without proper consultation last summer when the firm went into administration.

article thumbnail

Greener data centers can also be more profitable

BD+C

Two leading consulting firms that focus on data centers and other mission-critical facilities have released a white paper on data center sustainability, the first in a series of reports that will provide technical analysis for data center operators to help lower their centers’ carbon footprints in line with regulations targeting carbon neutrality by (..)

article thumbnail

Reducing 3 Types of Construction Waste to Increase Home Builder Profit

Pro Builder

Reducing 3 Types of Construction Waste to Increase Home Builder Profit. In today’s economic climate, it’s vital for home builders to keep waste to a minimum so they can receive the highest profit on their homes. In 2021, BOQ Virtuosos partnered with Shinn Consulting to take its estimating and materials modeling nationwide.