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Pessimism rules for concrete repair firms

CONCRETE repair contractors are pessimistic about the market despite reporting increases in the value of repair work done last year, according to figures from the Concrete Repair Association.

The CRA says an increasing number of contractor members reported that their company is operating at less capacity than they would normally regard as a satisfactory workload.

They are also downbeat about work volumes for the next 12 months and expect both contract values and profit margins to fall.

John Fairley, the CRAs secretary, tried to account for the pessimism: Many contractors have cut overheads and staff right down to the bone, yet there is still intense competition for business, and prices remain depressed. Many jobs are still allocated on a real Dutch auction basis.