Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Thu September 21 2017

Related Information
Related Information

News » UK » Construction pre-tax margins average 1.5% » published 28 Aug 2017

Construction pre-tax margins average 1.5%

The UK’s Top 100 construction contractors collectively achieved a pre-tax profit margin of just 1.5% last year.

Collective profit of the TCI Top 100 dropped 4.1% to £1.1bn, despite total revenue for all firms in the TCI Top 100 rising 7.6% to £74.3bn.

Some 34 firms recorded falls in turnover, 12 dropped into the red, and another 28 saw their profit fall.

The analysis of the latest filed annual accounts of the UK’s 100 biggest construction contractors was conducted by Will Mann. You can read his full report here.

 

MPU

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 28 Aug 2017 (last updated on 4 Sep 2017).

More News Channels