The UK’s largest contractors are expected to focus on strong overseas performances as results season gets under way.
Analysts expect these firms to stress the higher margins achieved in support services and a focus on overseas success as pressure remains on UK construction margins.
Andy Brown, analyst at Panmure Gordon, said one area of interest will be how UK-focused and internationally focused firms compare.
“If your only exposure is in the UK and if in the UK you are only offering to do electrical contracting, as with T Clarke, then there is not a huge amount you can say other than it’s good in London and the South-east.
“If you are Balfour Beatty, you can talk about the opportunities in the US, Middle East markets and Asian infrastructure, so there is a lot more scope for them.”
Pre-tax profit forecasts for the year-end at Balfour Beatty are in the region of £340m, up from £320m in 210.
Carillion said it expects total revenue to be similar to 2010 – around £5.1 billion – with underlying pre-tax profit expected to be up on the £188.1m achieved that year.
Lend Lease reported last week that European profits - largely the UK - were down by half.
Kier announces its results on the 23rd, while next week will be Carillion, Interserve and Henry Boot.
Balfour Beatty and Costain end of year figures arrive the week after, with T Clarke later in March.
House builders will also be reporting, with results from Barratt today, Galliford Try, along with Redrow, Bovis, Persimmon, Taylor Wimpey and Berkeley.