Europa Property | Construction companies in Poland show negative profitability for fourth straight quarter
21 Dec 2018
According to research company Spectis, profitability of 22 construction groups listed on the Warsaw Stock Exchange continued in the negative territory throughout Q3 2018.
Moreover, the third quarter of the year was the second consecutive quarter that profitability reported by property developers was on the decline, though it should be noted that their earnings were still fairly decent and at a sound level when compared to contractors. On the other hand, financial results delivered by manufacturers and suppliers of building materials and construction equipment were solid.
Full article: www.europaproperty.com