All Financial results Articles
Caterpillar, world’s largest construction OEM, announces financial results for first quarter of 2023
2023 first quarter financials indicate company on track to hit 20% growth target
Manufacturer credits strong demand in Europe and North America for welcome figures
German OEM and contractor grows revenues but earnings drop €68m
Full year financials up by 4%, but war-related stresses to hinder 2023
Growth of 8.2% for German-Swiss construction equipment manufacturer
Revenue up more than 20% with further growth forecast for 2023
Revenue up significantly but income down by equal measure
China State Construction Engineering Corporation (CSCEC) recorded a 27.3% year-on-year jump in new construction contracts, following an end to China’s controversial zero covid policy.
US construction contractor Tutor Perini has blamed a lack of major new contract awards over the last three years for an 18% drop in revenue in 2022.
Inflation and supply chain disruption pose a major risk to construction contractors’ bottom line.
Balfour Beatty more than tripled its pre-tax profit in 2022 as it continued to diversify across geographical regions and business sectors.
AEM report details industry’s rebound ahead of ConExpo 2023
Epiroc’s annual report highlights an increased move towards sustainability
Swedish contractor publishes joint annual financial and sustainability report
An external forensic investigation into financial reporting fraud at UK-based geotechnical engineering company Keller Group has found no evidence of ‘cash leakage’
Rising costs have eaten into profits at Spanish infrastructure firm Ferrovial’s construction division.
Mota-Engil’s projects in Africa and Latin America helped to drive a 47% increase in turnover and 31% jump in profit in 2022.
Tiltrotator specialist’s profits up 57% in fourth quarter of 2022
Texas-based Fluor has entered cost and schedule relief talks with clients on some of its biggest construction projects after rising costs hit its bottom line.
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