All Financial results Articles

‘Turning a miserable corner’: 4 things we learned from Tutor Perini’s Q2 results
Tutor Perini chairman and CEO on why he expects embattled US contractor to ‘turn a miserable corner’ soon
Mass transit projects push Tutor Perini’s Q2 revenue over $1 billion
US-based civil, building and specialist construction company recorded a 19% year-on-year jump in its revenue for the second quarter of 2022, rising to just over $1 billion.
JLG profit and sales leap
Increases in second quarter follow Hinowa acquisition and supply chain initiatives 
Strong economy drives growth at India’s biggest construction contractor Larsen & Toubro
India’s biggest construction contractor Larsen & Toubro (L&T) enjoyed a 34% year-on-year jump in revenue in the quarter ended 30 June 2023, thanks to India’s roaring economy.
Webuild significantly surpasses new order target set for 2023
Webuild says that a substantial portion of these new orders continues to come from foreign markets
Strong increase in Q2 sales for Caterpillar driven by one region
The construction division of Caterpillar saw sales increase by 19% in Q2, 2023
Higher prices and North American demand bolster CNH Industrial’s quarterly construction sales
CNH Industrial’s net sales of construction equipment passed the $1 billion mark for the first time in a single quarter, in the second quarter of 2023.
Four things we learned from Vinci’s H1 2023 financial results
What can the most recent set of results at Vinci tell us about the construction giant and wider trends within the construction industry?
Total sales for world’s largest contractors revealed
ICON 200 lists the world’s biggest contractors by sales 
Vinci’s half year financial results driven by ‘powerful megatrends’
Vinci reports strong figures based on ‘selective’ approach to projects and powerful megatrends
Ferrovial see 8.3% increase in construction division revenue
Total revenue for the first half reached €3,940 million
Litigation and refinancing charges hurt Granite’s bottom line
US civil construction and materials company Granite made a $17 million net loss in the second quarter of 2023, after refinancing and litigation charges hit its bottom line.
Highest ever first half year sales for Palfinger
Austrian manufacturer posts record half year results and forecasts same for full year despite economic slowdown
Ferrovial targets US as first-half profit more than doubles
Infrastructure giant Ferrovial’s net profit more than doubled in the first half of 2023 to €114 million (US$125 million).
Another record quarter for United Rentals
Company raises full-year guidance following record-breaking results across nearly all business segments
Samsung C&T eyes Middle East and other key markets for growth
Korea-based Samsung Construction and & Technology (C&T) said its engineering and construction division enjoyed a “stable” second quarter of 2023, with double-digit increases in revenue on profit on the previous year.
Macroeconomic ‘turbulence’ sees downturn in equipment orders
Engcon reports 2023 half-year sales rise, but order intake declines 32%
Why Skanska is eyeing life sciences for future development and construction opportunities
Swedish construction contractor and developer Skanska is looking at developing and building more life sciences projects, amid a difficult residential and commercial development market.
‘Record-high’ financial results for Epiroc
CEO says ‘recent acquisitions have achieved higher revenues than anticipated’
Skanska’s strong construction performance dragged down by property development slump
Swedish construction company Skanska’s revenue dropped by 15% in the second quarter of 2023, as a slump in its property development business dragged results down.
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