How construction companies counter margin squeeze?
19/12/2019 3 questions to Olivier Thireau and Mathieu Delafoy, Partners, Mazars
Construction & development
The construction industry is a vital component of the global economy, supporting the creation of the places where we live and work, as well as the infrastructure that joins cities together. But it faces challenges from labour shortages, economic uncertainties, and sustainability concerns. We offer a range of audit, advisory and tax services to help you secure your market position.
Companies in the construction sector span multiple markets and geographies, covering a wide range of projects. The industry is frequently volatile, with economic pressures, funding issues, sustainability concerns and labour matters front of mind.
At Mazars, our construction services group has the professional experience and industry knowledge to meet the needs of companies in the construction sector. Working with companies of all sizes in the residential property, commercial property, hotels and development sites, our team helps clients navigate the numerous challenges in this sector. These include: low sale ability, unoccupied property, refinancing problems and consequent downward valuation of property.
We understand the special needs of contractors. Given the complex nature of your projects, we appreciate the desire to ensure control over your projects and secure your supply chain.
We can help you establish new businesses or move into emerging and growth markets. Our tailored approach helps to ensure the success of your acquisitions and partnership projects. We can optimise your administrative and accounting procedures, analyse your economic and financial performance and help you manage your projects through operational budgetary control and tax advice. Our experts can also help you drive meaningful change by incorporating environmental, social and governance (ESG) principles into your long-term strategy.
We are committed to providing a comprehensive range of services to the construction sector, including:
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