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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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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. ” Clearly, technology can enormously influence your projects’ productivity and profitability. Little to no project or business predictability Most construction projects are like a unique snowflake.

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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

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Tips for Staying Profitable in the Construction Industry

Viewpoint Construction Technology

Our firm recently had the pleasure of welcoming FMI’s Lee Smither as he presented invaluable information to a group of our construction clients and prospects. The presentation was titled Adjust, Adapt, Act: Winning Stories for the Post-2007 Construction Industry. The following are some great takeaways from the presentation.

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A Discussion on Change Management within Technology Adoption: the Good, the Bad and the Profitable

Viewpoint Construction Technology

Construction companies of all sizes and across all regions are realizing the need to adopt the latest technologies into their operations in order to keep up with demand and to remain profitable. However, this is easier said than done. The most prominent roadblock to technology adoption is resistance to change. Hansen: Yes, exactly.

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Good Shepherd Food Bank – Coffee & Collaboration

PC Construction

Last Friday, I had the pleasure of attending the Good Shepherd Food Bank (GSFB) annual Coffee & Collaboration event in Portland, Maine, with my fellow PC employee owner, Senior Project Manager Mark Donovan. The GSFB is a non-profit organization serving our community to help fight food insecurity throughout the State of Maine.

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6 Dos & Don'ts of Tire Safety

Construction Business Owner

Proper tire care contributes enormously to the overall safety of a construction fleet, and managers should pay attention to what does (and what doesn’t) constitute good tire safety practices within their fleet. A focus on tire safety is something that should be present on any jobsite.

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