Turnover in construction more than 8 percent higher

Land, water and road construction companies (GWW) did so in the first quarter of 2022 with a revenue growth of 1.7 percent less than the other construction companies. Revenue in this sector has hardly increased in the last two years. Small construction companies with up to 10 employees saw their turnover increase the most. This has been the case for almost two years now. Their revenue averaged 13.6 percent in the first quarter. Medium-sized companies with 10 to 100 employees have 4.8 percent more revenue. For the first time in years, medium-sized construction companies performed better than the other medium-sized construction companies with a revenue increase of more than 8 percent. Revenue fell at large construction companies with more than 100 employees. On average, the turnover of the large construction companies increased by 6.7 percent.

The number of bankruptcies in the construction industry in the first quarter was 77. This is almost the same as in the first quarter of 2021, when there were 78 bankruptcies.