All backlog Articles
US backlogs strong but confidence on profit margins dips
One of the largest contractors in the US recorded record backlog in a year with minimal competition
France-based Bouygues said delays in data centre and giga-projects had minimal impact on profit
A boom in data centre construction work has helped to push contractors’ order backlogs to an average of 8.7 months in June
US contractors remain confident on profit margins, in spite of drop in backlog and tariff-related material price increases
Despite recording a loss in the first quarter, Bouygues grew its backlog to a record level
Egypt-based construction group Orascom issues update for Q3
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Contractor to build a healthcare campus in California, US, for US$1 billion
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Two transit projects in California and a major new prison build in New York have contributed to a 35% year-on-year increase in Q1 revenue for US contractor Tutor Perini.
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Mota-Engil’s projects in Africa and Latin America helped to drive a 47% increase in turnover and 31% jump in profit in 2022.