Latest Construction Sector News

Oldfields Holdings reports steady progress in its turnaround strategy, cutting costs and reallocating assets to stronger regions while preparing for a capital raise and potential acquisitions.

PARKD Limited has commissioned its new prefabrication facility in Penrith, successfully delivered a pilot project with McNab Group, and secured $1 million in capital to fuel its east-coast growth strategy.

First Graphene and UK manufacturer FP McCann have successfully produced the first batch of graphene-enhanced concrete roof tiles, marking a significant step toward low-carbon, high-performance construction materials in the UK housing sector.

Fletcher Building has agreed to sell its Construction Division to global giant VINCI Construction for an initial $315.6 million, with potential to rise to $334.1 million. The move marks a strategic pivot towards focused building products manufacturing.

First Graphene has successfully produced 600 tonnes of graphene enhanced cement, marking a key milestone in sustainable construction with significant CO2 reductions and multiple UK trial projects underway.

Reece Limited reported a modest revenue decline and earnings pressure in FY25 amid challenging markets but reinforced its long-term growth strategy with a significant share buyback and board renewal. Early FY26 trading shows sales growth driven by network expansion despite ongoing cost pressures.

Coventry Group reports a challenging FY25 with revenue slipping 1.7% and EBITDA plunging 40.9%, but early FY26 results show promising recovery driven by cost cuts and ERP system stabilisation.

Freehill Mining Limited has achieved its highest daily deliveries of industrial sand and gravel, fueling growth in Chile’s cement and construction sectors. The company is scaling operations with plant upgrades and expanding its customer base.

Wagners Holding Company Limited has reported a strong start to FY26 with robust demand across its construction materials and composite fibre technologies segments, prompting an upgrade to its EBIT guidance.

Tamawood Limited reports a modest profit increase for FY25 alongside the retirement of long-serving Chairman Robert Lynch. Early FY26 sales surge 39%, but a Work in Progress audit prompts a trading blackout.

First Graphene has extended its partnership with Breedon Group to October 2026 following successful trials of graphene-enhanced cement that improved strength by up to 35% and reduced CO2 emissions by 15%.

SSH Group has completed a $2.53 million strategic placement with Xinhai Mining Services, welcoming the global EPC+M+O leader as a 15.5% cornerstone shareholder and setting the stage for accelerated growth.