The Building top 50
Article Abstract:
The Building periodical 1997 investigation into UK contracting firms and housebuilders found profit margins on property grew to 59% in 1997, from 16% in 1996. Margins on contracting rose from 0.8% in 1996, to 1% in 1997. The operating profit for housebuilding firms rose to about 850 million pounds sterling, an increase of 50% from 1996. Wages increased by about 4% in 1998, to an average of 20,170 pounds sterling. The best 50 companies had a overall turnover of 29.6 billion pounds sterling, with pre-tax profits of 1.27 billion pounds sterling.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1998
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The percentage game
Article Abstract:
There is growing emphasis on margins in the UK construction industry. The top 25 contractors achieved an average margin of 1.2% in 1996, from 0.8% in the period 1982 to 1996, and most believe that margins could go as high as 2%. Many are re-engineering their processes in order to boost margins, and are placing considerable emphasis on improving the way in which their employees deal with clients. In some cases, focusing on simple procedures will produce an increase in margins.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1997
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Loss leaders
Article Abstract:
The volume of total construction output in the UK declined by 1% in 1995 from 1994. This was partly responsible for the losses totalling 129 million pounds sterling reported by the 50 largest contractors and housebuilders. Problems were also caused by expenses related to restructuring and by the revaluing of overpriced assets. Particularly large losses were made by Costain, Raine and Trafalgar House.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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