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Surging demand for data centres, energy, and transport upgrades underpinned a sharp rise in first-half sales
Fluor and Hochtief still regard data centres as a major source of work in coming years
German-based group hails record order backlog after a strong 2024 performance
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German infrastructure construction giant Hochtief didn’t sign any new lump sum contracts in 2023 as it continues to de-risk its projects.
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Construction giant Hochtief, which owns subsidiaries Turner and Flatiron in the US, CIMIC in Australia, and Leighton Asia, last week unveiled a trading update for Q1 2023.