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Bad weather and downturn in France pushes Q1 revenues down -2,6%.
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Acciona's Polish subsidiary Mostostal Warszawa has won the contract to construct the 40000-capacity Wroclaw (Poland) municipal stadium as part of a consortium including Mostostal's subsidiary Wrobis, Greece's J&P Ajax and design firm MCD.
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Queensland Dam Consortium has been appointed to build the AU$ 348 million (US$ 266 million) Wyaralong Dam by Queensland Water Infrastructure (QWI).
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McDermott International reported sales for the first quarter of US$ 1.49 billion, up +3% on the US$ 1.45 billion recorded 12 months previously.
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Mats Paulsson has resigned as CEO of Peab's civil engineering and contracting business, Peab Industri.
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The Al-Futtaim Carillion/Orascom Construction Industries (OCI) Joint Venture has been awarded the contract to construct a US$ 340 million retail centre in Cairo Festival City.
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Company hopes to raise € 570 million with discounted offer.
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Revenues of Harsco Infrastructure in the first quarter of 2009 fell US$95.1 million, or 25% from $378.8 million in the same period last year, to $283.7 million. The lower performance was due primarily to reduced end-market demand, particularly in the United Kingdom, and to negative foreign currency translation effects.
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Ashtead Group said rental revenues in its fourth quarter to 30 April will be around 24% down (at constant exchange rates) with volumes holding up “relatively well” but rental rates deteriorating worse than anticipated.
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UK events hire company Thorns Group has acquired the rental stock of its Manchester-based competitor, CHS Catering Equipment and Furniture Hire. CHS went into administration last month.
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Rental revenues at H&E Equipment Services fell 22.1% to US$55.5 million in the first quarter of 2009. That was a decline of $15.7 million from $71.2 million in the same period in 2008 for the US equipment sales and rental company.
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Hitachi Consulting, the consulting and IT division of Hitachi Ltd, has formed an alliance with Result Group, the UK-based rental software firm. The two, who have been working together for several years, will cooperate on marketing and implementing the Result Group software, rentalresult.
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SNC-Lavalin reported first quarter pre-tax profits of CA$ 77.4 million (US$ 66.8 million), up +9.4% on the CA$ 70.8 million (US$ 61 million) recorded 12 months ago.
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Demand for asphalt in China is expected to rise +5% annually through 2012 to 16.8 million tonnes.
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Skanska has revealed the announcement of US stimulus packages, in the short term, had a negative effect on civil construction markets in North America.
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RSC Equipment Rental posted a first quarter net loss of US$14 million on total revenues on $351 million, which were down 16.8% on the same three months in 2008. Rental revenues fell by 23% to $287 million and RSC said it expected a 35-40% decline in the second quarter compared to the same period in 2008.
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Hoctief's US subsidiary, Turner Construction, has been selected as the design builder for the expansion of Terminal 2 at the San Diego International Airport, California, US.
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Perini reported first quarter pre-tax profits of US$ 62.6 million, up +56% on the US$ 40 million for the same period last year.
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Heidelberg Cement reported a first quarter loss of -€ 195 million, down from the € 15 million profit recorded 12 months previously.
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Australia's construction industry continued to decline in April, although the rate of contraction eased for a second consecutive month.