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Housing slowdown forces Travis Perkins profit warning

Construction Enquirer

The slowdown in the housing market has forced a profit warning at Travis Perkins. “Assuming that the present conditions persist for the balance of the year, Management now expects to deliver a full year adjusted operating profit of around £240m.” ” Previous guidance was for a profit of £272m. .

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Test Your Construction Industry Knowledge!

Viewpoint Construction Technology

Do you know just how large the construction industry is or what it’s projected to be in the near future? Q2: Between 2016 and 2025, open positions in the construction industry will increase by…? Q5: By 2025, what is the projected amount that will be spent on buildings, infrastructure and installations. Ever wonder…. 5 million.

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Winvic profit falls a third after losses on two jobs

Construction Enquirer

Shed and multi-room building contractor Winvic saw pre-tax profits fall for the first time after two jobs secured before the pandemic ran into loss. Pre-tax profit nosedived a third to £10.5m But revenue at the group, which has also diversified into civils and infrastructure work, continued to rise steeply jumping 18% to £1.22bn. .

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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. Miller Electric has grown a great team with more than 1,000 electricians in the field.

Software 282
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Disrupt or Die. Poor processes are costing the construction industry

Autodesk Construction Cloud

1] Sixty years on, the construction industry faces somewhat of a crossroads of its own. Both are easily solvable, but they require the industry to come together in a forward-focused and collective approach. A vicious circle Productivity is a big concern in the construction industry. Change is the law of life,” he said.

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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. Miller Electric has grown a great team with more than 1,000 electricians in the field.

Software 177
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Increase in construction spending ignites the need for new technology  

Construction Today

mid ongoing economic uncertainty and a looming recession, most industries have experienced massive budget cuts, layoffs, downsizing, and other measures intended to safeguard organizational profitability in today’s largely unstable market. Following the introduction of the Infrastructure Investment and.