While subbies, contractors and architects are all reporting rising workloads, the pressure is still on for those at the back end of the supply chain
It鈥檚 difficult to avoid thinking of ground engineer Keller and electrical contractor T Clarke as the front and back end of construction鈥檚 pantomime horse: one鈥檚 going in one direction before the other gets a chance to catch up. Both issued interim management statements today showing stark contrasts in outlook.
Keller, which digs down, props up and prevents leakage of construction projects from the ground downwards signalled a likely 鈥渂eat鈥� to analysts鈥� forecasts for the year to December; 鈥淭ommy鈥� Clarke, which wires up buildings when they are nearing completion said trading was 鈥渋n line鈥� but issued the current war cry of probably every subcontractor in the land, 鈥渢he b*s aren鈥檛 paying us on time鈥� (naturally, in language more befitting a stock market announcement).
By about lunchtime Keller鈥檚 share price was up precisely 4.48%, while T Clarke鈥檚 was down 鈥� precisely 4.48%.
Before other UK practitioners along the constru