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Engineering losses halve Briggs & Forrester profit

Construction Enquirer

Briggs & Forrester Group saw pre-tax profit halve to £1.6m loss at its engineering services arm due to project delays and cost inflation. Briggs & Forrester’s order book at year-end was up nearly 9% at £291m driven by engineering services, special projects and Building Services maintenance. after suffering a £1.6m

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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.

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Adopting Labor Operations Software for Contractors

Construction Business Owner

Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 282
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NEW WEBINAR: Adopting Labor Operations Software for Contractors

Construction Business Owner

Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 177
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How the Pandemic Will Shape the Future of Off-Site Residential Construction

Pro Builder

How the Pandemic Will Shape the Future of Off-Site Residential Construction. Productivity in home construction lags behind almost every other industry, while inefficiencies and waste hurt profits and growth. Now is a critical moment to double-down on a technology-driven, innovative approach to residential construction. . . .

Site 111
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Willmott Dixon vows to recover building safety millions

Construction Enquirer

And the contractor vowed to go after “designers, fire engineers, supply chain and insurers” to reclaim a “substantial portion” of the £62m it has set aside for building safety and cladding retrofits. profit the year before.

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Midgard drives JRL growth as revenue hits £761m

Construction Enquirer

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% in 2021 to £21.8m last year as revenenue almost doubled to £128m.