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A return to growth for leading European construction companies – 2017 study

Our previous report, published last year, called on leading entities to take a cautious approach in 2016, in particular because of the state of order books at the end of 2015.
This caution has been confirmed by a year that saw the consolidation of business by leading construction companies: a decrease in activity and a slight margin improvement, reflecting a refocus on core business activities and greater selectivity.

Is now the time for alternative valuation methods for the construction industry?

Whether it’s a local company or a major global entity, the valuation of a construction business is often estimated on the basis of multiples of earnings, and therefore essentially founded on a short-term outlook. However, businesses strategies with a long-term vision, such as innovation, energy, concessions and acquisitions are not taken fully into account in valuations. If valuers took a long-term view, through using other valuation methods that make it easier to understand these strategies, would this have an influence on how these firms are valued?

Turning GDPR compliance into new business opportunities

With less than a year to go until its implementation, GDPR compliance should be the top priority to any entity, which keeps any type of personal data related to any European individual. Find out more about the opportunities and threats that this new regulation can bring to your business and learn about what Mazars can do to make your organisation compliant and beyond, by exploring.

Venturing Abroad

The Economist Intelligence Unit wrote a series of articles sponsored by Mazars focusing on five challenges facing SMEs venturing abroad for the first time. Indeed, the challenges of operating in an unfamiliar environment are daunting, but offer tremendous potential.

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