Tag: profits
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Value chain control drives modular profits
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Modular firms with the highest returns typically build around a strong system and exercise control over the value chain, according to a modular construction report from consulting firm McKinsey. Profitability often rises when companies simplify,…
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Half of construction SMEs report losses or lower profits in new survey
“In short, if we want the construction industry to be sustainable, we must make it easier for smaller firms to thrive. That means tackling issues such as late payments, and ensuring SMEs can affordably hire apprentices to grow the skilled workforce our sector desperately needs. With the right support, SMEs can and will continue to…
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Balfour Beatty profits rise, but US arm struggles
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Balfour Beatty has plenty of faith in the infrastructure construction market both in the U.K. and the U.S. as the company remains on track to deliver its full-year expectations, leaders of the London-based builder said during its…