It said the sector’s profitability is decreasing in all segments; building material manufacturers, traders, designers, contractors, and engineering service providers expect a decrease in profits as a percentage of sales.
The association noted that, in 2024, the primary means of improving efficiency was to reduce operating costs.
The big challenge for 2025 will be the prices at which work will be available and what additional efficiency-improving measures businesses can take. Évosz head László Koji said few companies have enough financial reserves to carry out digitalization projects, technological developments, and high-quality adult training independently.
Only the best are capable of this, considering that 2025 contract volumes may decrease further.
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