article thumbnail

Ferrovial Construction UK plunges to £30m loss

Construction Enquirer

Ferrovial Construction UK suffered a £30m loss last year after big provisions for forecast losses on the £2bn Silvertown Tunnel project in East London. of forecasted losses. He said that across the rest of the UK business portfolio, Ferrovial made an underlying EBIT profit of £22m. This figure is made up of £19.6m

article thumbnail

Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse. You know how much profit a project is making at the COMPLETION of the project. But you do not know how much profit a project is making on a month by month basis during the course of the project. Business sustainability and accuracy.

professionals

Sign Up for our Newsletter

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

article thumbnail

Home Building by the Numbers

Pro Builder

The Shinn Group’s long-running Fin-Op analysis, backed by decades of data, offers builders a road map to profitability and a benchmark of performance. 2021 Housing Forecast. Predicting Profit: How to Know Your Margin Before You Close. Predicting Profit: How to Know Your Margin Before You Close. cbroderick.

article thumbnail

HIRI Continues to See Growth for Home Improvement Product Sales.

Contractor Magazine

The Home Improvement Research Institute (HIRI) has just released its September 2012 forecast for the size and trends in the home improvement market. TAMPA, FLA. -- The Home Improvement Research Institute (HIRI) has just released its September 2012 forecast for the size and trends in the home improvement market. Advertisement. ); //.

article thumbnail

4 Positive Impacts Asset Management and Maintenance Have On Your Construction Business

Fieldwire

Budget Tracking and Forecasting Accuracy. This is called predictive maintenance, and it lends the ability to forecast budget dollars with a degree of accuracy. This improves the return on the investment for every move your organization does, implying greater profit. Every new machine is in outstanding shape.

article thumbnail

7 Construction Industry Truths Made Clear at Autodesk University

Autodesk Construction Cloud

Sustainable construction can make good business sense. The “why” behind having good data is clear—making good decisions to empower better project outcomes and profitability. Workflow guidance on flexible budget structures, contract generation for commitments, collaborative change order workflows, and cash flow forecasting.

article thumbnail

2024 Construction Trends: 30+ Experts Share Insight

Autodesk Construction Cloud

We adopted new technologies, embraced sustainable building practices, and were more vocal about the benefits of working in the AEC field. Moreover, Reportlinker forecasts the global construction market to see a 17.2% This is going to unlock some tremendous opportunities for industry-wide productivity and sustainability.