Construction News

19/09/2014

Major Construction Contractors Margins Remain Low

Analysis of the biggest UK construction contractors shows many remain with with cash balances and margins down

A report, Construction Barometer: Recovery in Sight?, by KPMG, analyses the operating margins, cash balances and order books of 14 Tier 1 contractors from 2007 through to 2013.

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Net cash balances declined in 2013 and are now close to half their 2010 peak.

Richard Threlfall, KPMG's UK Head of Infrastructure, Building and Construction said: "Construction contractors have been struggling with some of the most difficult market conditions ever encountered and even now – with all evidence pointing to sustained recovery – the industry faces real profitability challenges."

(CD/MH)

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