Profitability is an essential component of any business model. Without healthy margins businesses are unable to innovate, reinvest and grow. Sadly, far too many civil engineering contracting businesses are not achieving sustainable levels of profitability. And the link to productivity is clear. We need to maximise both if our industry is to flourish.
Our work programme for 2022 will incorporate both profitability and improved productivity as key performance indicators.
The Civil Engineering Contractors Association (CECA – pronounced ‘seeka’) is the foremost representative body for civil engineering contractors in the UK. CECA was established in 1996, but its provenance stretches much further back as it was born out of the Federation of Civil Engineering Contractors, which was first established in 1919. The Civil Engineering Contractors…
Every year we revisit our priorities for the forthcoming 12 months, we review what’s changed in Wales and beyond and we consider what we need to do to make sure that the business environment is as good as it can be for our members. That means looking back, considering our current situation and what we…
I’m sure most of you will have picked up on the current challenges facing the HS2 project and its implementation but I wanted to reflect on how this impacts the construction sector, especially the reputational impacts, and how difficult it then becomes to justify future investments. The reasons for the increased costs are sadly predictable…
