#construction
construction
2,361 views
12 Discussing
Hot
Latest
Verified
#earningsseason
📈 Holcim Raises 2026 Profit Forecast After Strong Quarterly Results
Building materials giant Holcim raised its full-year 2026 earnings outlook after third-quarter sales and operating profit exceeded market expectations.
Recurring operating profit increased 17% year over year to 976 million Swiss francs, beating analysts’ consensus estimate of 949 million francs. Sales reached 4.66 billion Swiss francs, supported by stronger demand for building solutions and improved profitability.
The company now expects recurring operating profit to grow 10%–12% for the full year, upgrading its previous forecast of approximately 10% growth. Its building solutions business recorded particularly strong momentum, with sales rising 27%.
Investors welcomed the stronger outlook, sending Holcim shares up approximately 5.5% on Friday. The results suggest that infrastructure spending and higher-margin construction products are helping offset weakness in some traditional building markets.
The next challenge will be sustaining growth into 2027, especially as interest rates and the European housing recovery continue to influence construction demand.
#Construction #Infrastructure #stocks
#earningsseason
📈 Holcim Raises 2026 Profit Forecast After Strong Quarterly Results
Building materials giant Holcim raised its full-year 2026 earnings outlook after third-quarter sales and operating profit exceeded market expectations.
Recurring operating profit increased 17% year over year to 976 million Swiss francs, beating analysts’ consensus estimate of 949 million francs. Sales reached 4.66 billion Swiss francs, supported by stronger demand for building solutions and improved profitability.
The company now expects recurring operating profit to grow 10%–12% for the full year, upgrading its previous forecast of approximately 10% growth. Its building solutions business recorded particularly strong momentum, with sales rising 27%.
Investors welcomed the stronger outlook, sending Holcim shares up approximately 5.5% on Friday. The results suggest that infrastructure spending and higher-margin construction products are helping offset weakness in some traditional building markets.
The next challenge will be sustaining growth into 2027, especially as interest rates and the European housing recovery continue to influence construction demand.
#Construction #Infrastructure #stocks
📈 Holcim Raises 2026 Profit Forecast After Strong Quarterly Results
Building materials giant Holcim raised its full-year 2026 earnings outlook after third-quarter sales and operating profit exceeded market expectations.
Recurring operating profit increased 17% year over year to 976 million Swiss francs, beating analysts’ consensus estimate of 949 million francs. Sales reached 4.66 billion Swiss francs, supported by stronger demand for building solutions and improved profitability.
The company now expects recurring operating profit to grow 10%–12% for the full year, upgrading its previous forecast of approximately 10% growth. Its building solutions business recorded particularly strong momentum, with sales rising 27%.
Investors welcomed the stronger outlook, sending Holcim shares up approximately 5.5% on Friday. The results suggest that infrastructure spending and higher-margin construction products are helping offset weakness in some traditional building markets.
The next challenge will be sustaining growth into 2027, especially as interest rates and the European housing recovery continue to influence construction demand.
#Construction #Infrastructure #stocks
1
2.2k
·
--
Verified
Article
Britain's GDP grows 0.4% as
services offset declines in
production, constructionBritain’s economy grew 0.4% in July, beating forecasts for flat growth, the Office for National Statistics said on Friday, with services output providing the main boost. GDP also grew 0.4% in the three months to July compared with the three months to April, driven mainly by a 0.6% rise in services output.
It was the eighth consecutive three-month-on-three-month growth period, following 0.4% growth in the three months to June and 0.6% growth in the three months to May.
Production output fell 0.5% in the three months to July, following no growth in the three months to June. Construction output also fell 0.5%, reversing 0.3% growth in the three months to June.
On a monthly basis, GDP grew 0.4% in July, following 0.3% growth in June and no growth in May. July growth came from rises of 0.4% in services, 0.2% in production and 0.1% in construction, the ONS said.
Within services, the largest positive contributions in the three months to July came from professional, scientific and technical activities, which rose 2.1%, driven by growth in scientific research and development, legal activities, and advertising and market research.
Information and communication rose 2.5%, mainly driven by a 4.4% increase in computer programming, consultancy and related activities.
Administrative and support service activities rose 1.3%, driven by rental and leasing activities and services to buildings and landscape activities.
The largest negative contributions to services came from wholesale and retail trade, repair of motor vehicles and motorcycles, which fell 0.5%, driven by a 3% decline in wholesale trade, and education, which fell 0.3%, driven by a decline in non-market education that the ONS linked to school closures during heatwave conditions in June.
The production sector’s three-month contraction reflected declines in water supply, sewerage, waste management and remediation activities, down 4.0%; electricity, gas, steam and air conditioning supply, down 1.5%; and mining and quarrying, down 2.6%. These were partially offset by 0.5% growth in manufacturing.
In construction, both new work and repair and maintenance fell over the three-month period, down 0.4% and 0.7%, respectively. Within new work, the largest negative contribution came from public housing new work, which fell 8.4%.
In repair and maintenance, the largest negative contribution came from private housing repair and maintenance, down 1.7%.
Real GDP grew 1.3% in the three months to July compared with the same three months a year ago, with services up 1.7% and production up 0.5%, while construction fell 2.3%. GDP is estimated to be 1.6% higher in July 2026 compared with the same month a year ago.
The ONS said there are no periods open for revision in this release. The full time series will be open for revision in the next release on Oct. 15, 2026, incorporating Blue Book 2026 and the quarterly national accounts release due Sept. 30, 2026
#Construction #productivity
Britain's GDP grows 0.4% as services offset declines in production, construction
Britain’s economy grew 0.4% in July, beating forecasts for flat growth, the Office for National Statistics said on Friday, with services output providing the main boost. GDP also grew 0.4% in the three months to July compared with the three months to April, driven mainly by a 0.6% rise in services output.
It was the eighth consecutive three-month-on-three-month growth period, following 0.4% growth in the three months to June and 0.6% growth in the three months to May.
Production output fell 0.5% in the three months to July, following no growth in the three months to June. Construction output also fell 0.5%, reversing 0.3% growth in the three months to June.
On a monthly basis, GDP grew 0.4% in July, following 0.3% growth in June and no growth in May. July growth came from rises of 0.4% in services, 0.2% in production and 0.1% in construction, the ONS said.
Within services, the largest positive contributions in the three months to July came from professional, scientific and technical activities, which rose 2.1%, driven by growth in scientific research and development, legal activities, and advertising and market research.
Information and communication rose 2.5%, mainly driven by a 4.4% increase in computer programming, consultancy and related activities.
Administrative and support service activities rose 1.3%, driven by rental and leasing activities and services to buildings and landscape activities.
The largest negative contributions to services came from wholesale and retail trade, repair of motor vehicles and motorcycles, which fell 0.5%, driven by a 3% decline in wholesale trade, and education, which fell 0.3%, driven by a decline in non-market education that the ONS linked to school closures during heatwave conditions in June.
The production sector’s three-month contraction reflected declines in water supply, sewerage, waste management and remediation activities, down 4.0%; electricity, gas, steam and air conditioning supply, down 1.5%; and mining and quarrying, down 2.6%. These were partially offset by 0.5% growth in manufacturing.
In construction, both new work and repair and maintenance fell over the three-month period, down 0.4% and 0.7%, respectively. Within new work, the largest negative contribution came from public housing new work, which fell 8.4%.
In repair and maintenance, the largest negative contribution came from private housing repair and maintenance, down 1.7%.
Real GDP grew 1.3% in the three months to July compared with the same three months a year ago, with services up 1.7% and production up 0.5%, while construction fell 2.3%. GDP is estimated to be 1.6% higher in July 2026 compared with the same month a year ago.
The ONS said there are no periods open for revision in this release. The full time series will be open for revision in the next release on Oct. 15, 2026, incorporating Blue Book 2026 and the quarterly national accounts release due Sept. 30, 2026
#Construction #productivity
It was the eighth consecutive three-month-on-three-month growth period, following 0.4% growth in the three months to June and 0.6% growth in the three months to May.
Production output fell 0.5% in the three months to July, following no growth in the three months to June. Construction output also fell 0.5%, reversing 0.3% growth in the three months to June.
On a monthly basis, GDP grew 0.4% in July, following 0.3% growth in June and no growth in May. July growth came from rises of 0.4% in services, 0.2% in production and 0.1% in construction, the ONS said.
Within services, the largest positive contributions in the three months to July came from professional, scientific and technical activities, which rose 2.1%, driven by growth in scientific research and development, legal activities, and advertising and market research.
Information and communication rose 2.5%, mainly driven by a 4.4% increase in computer programming, consultancy and related activities.
Administrative and support service activities rose 1.3%, driven by rental and leasing activities and services to buildings and landscape activities.
The largest negative contributions to services came from wholesale and retail trade, repair of motor vehicles and motorcycles, which fell 0.5%, driven by a 3% decline in wholesale trade, and education, which fell 0.3%, driven by a decline in non-market education that the ONS linked to school closures during heatwave conditions in June.
The production sector’s three-month contraction reflected declines in water supply, sewerage, waste management and remediation activities, down 4.0%; electricity, gas, steam and air conditioning supply, down 1.5%; and mining and quarrying, down 2.6%. These were partially offset by 0.5% growth in manufacturing.
In construction, both new work and repair and maintenance fell over the three-month period, down 0.4% and 0.7%, respectively. Within new work, the largest negative contribution came from public housing new work, which fell 8.4%.
In repair and maintenance, the largest negative contribution came from private housing repair and maintenance, down 1.7%.
Real GDP grew 1.3% in the three months to July compared with the same three months a year ago, with services up 1.7% and production up 0.5%, while construction fell 2.3%. GDP is estimated to be 1.6% higher in July 2026 compared with the same month a year ago.
The ONS said there are no periods open for revision in this release. The full time series will be open for revision in the next release on Oct. 15, 2026, incorporating Blue Book 2026 and the quarterly national accounts release due Sept. 30, 2026
#Construction #productivity
2
2
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
1
#$1.5BInLeveragedCryptoBetsLiquidated
29 views
14 Discussing
2
#KOSPIFalls3.53%BackBelow6000
563 views
57 Discussing
3
#USMidtermElections
96,625 views
1,282 Discussing
4
#StrategySTRCReaches$99.95ForFirstTimeIn165Days
1,522 views
47 Discussing
5
#BinanceWillListPredictPREDICT
18,661 views
501 Discussing
6
#SwitzerlandFirstSpotBitcoinETFExpectedToTradeInNovember
1,094 views
58 Discussing
7
#StrategyReports$21BQ3OperatingProfit
1,109 views
40 Discussing
8
#TwoAddressesHoldingAbout1.28BUSDTFrozen
8,121 views
275 Discussing
9
#FirstDigitalBlacklistsAttackerAddressHoldingAbout3.4MFDUSD
356 views
14 Discussing
10
#BitcoinDropsBelow$80K
65,855 views
165 Discussing