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Skanska profits drop, US backlog and optimism remain high

Construction Dive

Even though the Swedish contractor’s full-year profit dipped, it reported record backlog last year.

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Profits soar at Caddick Group in “rude health”

Construction Enquirer

Caddick Group saw profits jump by more than 40% as it posted latest results for the year ending August 2022. Across the group – which includes Moda Living, Caddick Developments and Caddick Construction – pre-tax profits hit £58m from a turnover up 28% to £492m.

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HG Construction hits record revenue but profit slides

Construction Enquirer

But pre-tax profit slid to £15m from £25m the year before in the face of a turbulent market and unpredictability of material and labour prices. ” Quinn said that the second quarter of 2023, saw a more stable situation concerning cost inflation, and gross profit margins were set to be similar to or slightly above those achieved in 2022.

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Balfour Beatty profits dip on weak US office, tech sectors

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Increasing Construction Company Profitability Through Better Practices

Contractor Bookkeeping

Technology sprawl and the rabbit hole of more and more information available all the time makes productivity—and healthy downtime—a real challenge for many of us.

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WSP profits, backlog up, buoyed by US projects

Construction Dive

CEO Alexandre L’Heureux expects opportunities in the U.S. to stay robust, and sees AI as an enabler, not a disrupter to construction.

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Balfour Beatty profit up 8% amid US civil project delays and coronavirus monitoring

Construction Dive

revenue, CEO Leo Quinn said that around 18 civil projects there have fallen behind schedule, leading to reduced profitability in that sector. Despite an overall increase in U.S.