European Powers of Construction 2007
Analysis of key players and markets in construction
Consistent with last year, France leads the pack with four of the top ten European construction companies and the UK continues to dominate the top 100. Eighty-three companies reported revenue growth. Average net income in 2006 was 5.1% – up from 3.7% in 2005.
As the fifth annual review of the top European construction companies by Deloitte further reveals, the largest companies are characterised by their international operations and expansion into new markets. Although the large international contractors have mostly developed the markets for themselves, Central and Eastern Europe still offers good opportunities for expansion, particularly for middle market construction companies.
About the report
European Powers of Construction 2007, our fifth annual publication, looks at construction company performance. This publication features: a top 100 construction company listing; interviews with the top executives at ACS Group in Spain, HOCHTIEF in Germany, and STRABAG in Austria; a series of featured articles covering challenges surrounding entry to new markets, the US infrastructure market, the evolving role of cash and working capital management, a review of M&A activity in the UK construction sector, improving governance and managing risk, and challenges for the construction industry in delivering sustainable heat and power. As in our previous publications we have compiled key data on market statistics, trends, top construction companies, the PFI/PPP market, and M&A activity on a country-by-country basis.