Despite Market Volatility, OC Beats Q2 Earnings Estimates
Owens Corning reported Q2 earnings of $4.64 per share, beating estimates and up 10% from the same period a year earlier.
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Ibstock Sales Down in Half Year Results
IN ITS half year trading update, Ibstock’s revenue fell by 20% to £178 million (from £223 million in 2023), resulting from lower sales volumes across the core business. The manufacturer of clay and concrete building products says sales volumes in the six months ended 30 June 2024 reflected lower market demand and the company’s “disciplined
Roofing Distributor Profile: Paul Salamanca, Preferred Roofing Supply
Despite having no roofing experience, Paul Salamanca and his wife, Daniela, endured hardships to build a successful distribution company catering to Latino communities.
Canadian investor takes stake in G&T
A Canadian investor has taken a significant stake in £292m turnover cost consultant Gardiner & Theobald. G&T said the deal with Hennick & Company would preserve its independence creating a platform for growth and expansion throughout the UK, US and Ireland. The size of the stake has not been disclosed but sees G&T continue as
B+K wins 330-bed Bristol student halls job
Bowmer + Kirkland is expected to start construction this autumn on a 330-bed student accommodation project after the scheme received the thumbs up from planners. Canada Life Asset Management is working in partnership with the University of the West of England, Bristol to develop the building on the former B&Q garden centre site at Filton
T&T profit soars 45% to top £200m for first time
Consultant Turner & Townsend delivered a record year with pre-tax profit jumping 45% to £200m, Global net revenue rose a fifth to £1.3bn as growth was delivered in all seven regions, with particularly strong workload increases in the Americas, Middle East and Asia. The year ending April 2024 marked the the first full year of
Modular specialist TopHat faces winding up petition
Volumetric housing specialist TopHat is facing a winding up petition from stock market listed developer Harworth. Harworth Estates Residential Development has issued petitions against both Derby-based TopHat Communities and Jersey-based parent company TopHat Enterprises. TopHat Communities, a subsidiary of TopHat Enterprises, is responsible for the deployment of modules on customer sites, where groundworks are required.
Sustained Strategy: Tecta America’s Rise to the Top
Tecta America leadership talks about the merger and acquisition market in the roofing industry and how its aggressive strategy has led to it being a top commercial contractor in the nation.
Cora Homes Starts Work on Leicestershire’s First Garden Village
THE CONSTRUCTION of more than 150 new homes has begun on the upcoming Broadnook Garden Village in Charnwood, Leicestershire. Midlands developer Cora Homes is the second developer to begin work on site of Leicestershire’s first garden village which will eventually be made up of 1,950 homes, including a host of facilities such as a new
Ergodyne’s Head Protection Expansion Goes Beyond Hard Hat Zones
With transportation and warehousing making up 9% of head injuries that result in at least one day off of work, Ergodyne is providing an expanded offering of head protection.