RE: Trading statement27 Apr 2022 11:07
I can see that costs are being absorbed by the customer. Big construction companies have much larger margin than suppliers, so can absorb the costs more easily. We're simply having to pay more for material. So long as the demand for construction remains high, so will the demand for supplies. Unfortunately with the situation in Ukraine, housing/construction demand is starting to soar in Europe. Ukraine will also need significant investment once Russia has been nipped in the bud. The bottom has been reached, as indicated by every leading analysts forecast in this sector.