UK building and construction manufacturers on stronger footing for 2024

Builders Merchant News
March 5, 2024
Category: Finance & Economics
Region: International

UK — New analysis shows that building and construction manufacturers have rebounded from the supply chain challenges of 2022, with a jump in profitability. Mid-sized firms in the sector have benefitted from demand for products and stabilising supply chains, according to the latest Manufacturers’ Health Index, compiled quarterly by inventory management software brand Unleashed. The report reveals data on GMROI (gross margin return on inventory) – a measure of the profits made on inventory costs – across 16 manufacturing categories. Manufacturers were also surveyed to gain first-hand insights into the specific challenges and opportunities they face. Building and construction made an average of £2.51 for every pound invested in inventory, up from £1.80 in the previous quarter. 

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