All Financial results Articles

Tutor Perini eyes up $32bn in new work as losses narrow
US-based civil, building and speciality construction company Tutor Perini has unveiled a 28% increase in its backlog to $10.2 billion as of the end of 2023.
Eiffage sees ‘significant growth’ in 2023
The company recently released its 2023 annual results
US road construction projects help drive growth at Ferrovial
Infrastructure group Ferrovial picked up nearly US$1.3 billion worth of road construction projects in Texas and Florida in 2023, as the company unveiled 9.9% construction revenue growth for the year.
Manitowoc up overall in 2023
Strong year for Manitowoc overall, until the last quarter
Bouygues Construction’s sales increase despite property market woes
Bouygues’ construction business saw sales increase 2% to €27.3 billion (US$29.6 billion) in 2023, as gains in its Construction and Colas divisions offset declines in its struggling property arm.
Hochtief CEO on de-risking projects and plans for new construction university
German infrastructure construction giant Hochtief didn’t sign any new lump sum contracts in 2023 as it continues to de-risk its projects.
Morgan Sindall posts ‘record’ 2023 with US$5.2 billion revenue
Last year was “another record year” for UK construction group
‘Outstanding’ Q4 boosts Granite Construction’s 2023 results
US-based construction company Granite hailed an ‘outstanding’ fourth quarter that helped it to increase its 2023 full-year revenue by $208 million to $3.5 billion for the year.
H&E to maintain rate of depot openings in 2024
Company reports 2023 rental revenues excceeding $1bn
Data centres and energy transition projects drive record new orders for Hochtief
A focus on high-tech infrastructure projects such as data centres and energy transition projects has driven record new orders of US$39.7 billion
Economic outlook: What does the future hold for Germany?
Scott Hazelton of IHS Markit on what could be a challenging year for German businesses
5 things we learned at The ARA Show
Rental penetration has reached pre-pandemic levels and growth expectations are higher than expected
Fluor’s pre-tax profit halves in Q4 of 2023
US-based engineering, procurement and construction company Fluor saw its pre-tax profit in Q4 of 2023 halve, in spite of a small increase in revenue.
Coates claims big share of ‘Tier 1 business’
Positive first half results for Australian renter
Cooldown in construction fails to dent record output for Strabag
Austrian construction contractor Strabag saw its output hit a record of €19.1 billion (US$20.5 billion) in 2023 despite a cooldown in the sector.
‘Stabilising’ global market aids Haulotte’s fourth quarter
Strong end to financial year will give way to ‘stable’ 2024 and consolidation 
Herc predicted to outpace rental growth
Strategic priorities for fleet and M&A point to positive 2024
Skanska reports record order backlog of US$22 billion
Construction backlog at “historically high level” as Skanska delivers year-end results.
European ‘headwinds’ follow strong 2023 for Genie
Slight drop in fourth quarter sales lifted by significant income rise for full year as backlog soars
Storent ups investment in Baltics
Up to €20 million pledged to accelerate growth
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