Ibstock profit slashed as ‘exceptionally wet weather’ hits construction industry August 7, 2024 Sales and profit at building supplies company Ibstock has continued to fall as “exceptionally wet weather” badly affected the construction industry. The London-listed firm, which is headquartered in Leicestershire, saw its revenue drop 20 per cent to £178m in the first six months of 2024, down from £223m last year. Ibstock said this decrease was [...]
Breedon Group’s profit slumps as rain slows construction sector progress July 24, 2024 Construction materials supplier Breedon reported a dip in its profit despite increased revenue following a major US acquisition earlier this year.
Number of new homes built plunges by a quarter as housing crisis grows July 23, 2024 The number of new homes registered to be built in the UK fell by 23 per cent year on year in the second quarter of 2023, according to figures from the NHBC.
Omega: Kitchen maker says slip into the red was ‘outside its control’ July 11, 2024 British kitchen maker Omega has slipped into the red following a year marred by challenges "outside the company's control", according to newly-filed documents.
Victoria sweeps flooring market woes under the carpet June 19, 2024 Full-year profit at Victoria dipped from £76.9m to £27.1m, alongside a 14 per cent fall in revenue to £1.23bn.
Speedy Hire profit tumbles as inflation bites June 19, 2024 Tool and machinery specialist Speedy Hire has reported a significant dip in profit amid cost inflation
Recovery in construction sector continues as activity builds to two-year high June 6, 2024 An upturn in commercial property helped push construction activity to its highest level in two years, a new survey shows.
Galliford Try secures bumper contract to rebuild controversial immigration centre May 31, 2024 Construction firm Galliford Try has secured two new contracts worth £101m as a "testament" to its "strong track record" of collaborations.
Genuit: Sales fall at sustainable construction firm amid increased competition May 28, 2024 Revenue has fallen at Genuit, a manufacturer of sustainable construction products, after bosses said increased competition had pushed prices down.
UK construction activity recovers despite housebuilding struggles May 7, 2024 Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.