Total turnover in the sector construction reached unprecedented heights and exceeded 70 billion euro in 2006.
After a robust growth by approximately 8.5 percent last year, the upward trend continued in the first quarter of 2007. Turnover increased by nearly 14 percent relative to last year’s first quarter.
Loss of working hours marginal due to mild winter
Residential and non-residential building realised an average turnover growth of nearly 13 percent, partly due to mild weather conditions. Because loss of working hours was restricted to the minimum, output was high. The amount of hours worked rose by over 7 percent compared to the first quarter of 2006.
Turnover growth construction, 2002-2007, 1st quarter
Excellent first quarter results for civil engineering
Civil engineering companies also performed very well in the first quarter. This branch realised a turnover increase of no less than 19.5 percent. A solid foundation for this spectacular growth was laid in January 2007. Despite the rainy weather, turnover rose by more than 25 percent.
Other branches, e.g. installation and finishing work contractors, realised an average turnover growth of more than 13 percent in the first quarter of 2007.
Turnover construction sector, 2007
Turnover reaches unprecedented heights
With a total turnover exceeding 70 billion euro, the construction sector reached an all-time high in 2006. Over 45 percent of total turnover was realised in residential and non-residential building. Civil engineering companies accounted for about 15 percent of total turnover in the construction sector.
Rian van Gulijk, Wilco de Jong and Ron Duijkers