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2018 Geotechnical Services File reveals modest industry growth

Revenues of the top 100 geotechnical businesses has risen 1.2% compared to last year, according to figures revealed by the 2018 Geotechnical Services File (GSF).

The survey shows that the top businesses reported more than £1.55bn of revenue over the last 12 months.

The result is better than forecasted in last year’s GSF where many expected the market to decline slightly due to the lack of major infrastructure schemes.

Forecasts for the coming year are more of the same due to uncertainty over Brexit and the delay of notice to proceed on HS2, which is anticipated to boost geotechnical revenues by a third when it does start late next year.

Read the full analysis here and learn about the ongoing concern over skills and impact of mergers and acquisitions over the last year.

 

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