Construction Industry

Kier shows ‘resilience’ despite dip in revenues

Kier Group results for the year ended 30 June 2022 show total revenue down 4% to £3,144m (2021: £3,261m). But thanks to several years of restructuring, pre-tax profit rose nearly threefold to £15.9m (2021: £5.6m).

After losing more than £500m before tax over the two years to June 2020, the 2022 results reflect Kier’s “significantly enhanced resilience”, according to chief

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Redrow’s Morgan backs land development start-up

Carden owners Harry Aubrey-Fletcher, Steve Morgan and Will Heath

Carden Group is privately owned and managed by Steve Morgan, founder and former chairman of Redrow, Will Heath, former Redrow group development director, and Harry Aubrey-Fletcher, landowner and former director at Taylor Wimpey. The trio have worked together for more than 15 years through various business associations and collaborations.

Their new

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3 Concrete & Aggregates Stocks to Watch Amid Industry

Building Products – Concrete & Aggregates
Vulcan Materials Company
VMC
Martin Marietta Materials, Inc.
MLM
Eagle Materials Inc.
EXP

Industry Description

The Zacks Building Products – Concrete & Aggregates industry consists of manufacturers, distributors and sellers of construction materials like aggregates, concrete along with other related items for public infrastructure, residential and non-residential as well as other end markets. The

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Company collapses continue in Australia’s “construction

The crisis engulfing Australia’s construction sector has deepened over the past six weeks. A plethora of building companies have been placed into administration and liquidation, owing millions of dollars to owners of unfinished homes, subcontractors, suppliers and workers in entitlements.

This month, Victorian-based building firm Snowdon Developments was ordered by the Supreme Court to go into liquidation on the grounds

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