A study of the UK’s 1,500 largest construction companies by business analysts Plimsoll has found that on average their value has risen by 9% in the last 12 months.
Further data showed that 339 of these companies had seen their value grow by 10% or more.
Commenting on the growth, David Pattison, Plimsoll’s lead author, said: “As a director, taking stock of your company value is a great barometer to measure your success and to analyse the overall state of the market.
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“…Their financial performance adds to the belief that the overall market is continually improving.”
'It is still a challenging landscape'
However, despite this positive outlook, Plimsoll found that 121 companies had seen their value fall by more than one-third.
David added: “…It is clear that, although the market is improving, it is still a challenging landscape.”