MARKET MOVES
BAM records first quarter adjusted result of €8 million
Construction and M&E services: margins impacted by subcontractor bankruptcies at older projects  Civil engineering: positive result mainly from Germany and the UK  Investment sectors: strong quarter at both Property and PPP  Order book: quality improving; volume reduced by one...
MARKET MOVES
Slowdown in housing growth hits construction output
There has been a further loss of momentum in the growth of the UK’s construction sector, with residential building work particularly affected. For the first time since January 2013, residential building is the worst performing sub-category...
MARKET MOVES
Ireland sees record rise in construction activity
Construction activity in Ireland has increased at its fastest pace on record, although output is still some 50% below pre-crisis peak levels. Work has been tracked since June 2000 by the Ulster Bank Construction Purchasing Managers’...
MARKET MOVES
Record results from Polypipe
Ventilation acquisition for PolypipeSurface water treatment drainage systemDrainage installed to keep Somerset village openApproval for Ridgistorm-XLPolypipe IPO cost £12.4m Building products group Polypipe has reported record revenue and profits thanks to acquisitions, construction market recovery and...
MARKET MOVES
NMC returns to full-year profit
NMC warns on profitsNMC returns to profitDudgeon dividend for NMCNorth Midland bags Leicester student schemeLosses halved at NMC After a difficult few years, North Midland Construction is back in profit but is not yet ready to...
MARKET MOVES
Construction sector driving UAE’s FM industry
FM service contracts in the UAE are expected to value $5.4bn (AED 20bn) per annum by 2015 according to G4S Growing momentum within the nation’s construction sector has been credited by FM companies as driving growth...
MARKET MOVES
Oriflame Cosmetics reports rise in Q3 profit
Luxembourg based beauty products retailer Oriflame Cosmetics has reported 1% increase in third quarter local currency sales while Euro sales decreased by 7% to €274.5m compared to €294.6m recorded during corresponding quarter last year. The net...
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