Run businesses better and forget margins, say analysts

摘要

Contractors would do better to improve their corporate governance rather than hold out unrealistic hopes of pushing margins towards 5%, a number of analysts have told Building. As the reporting season for listed contractors kicked offlast week with Galliford Try's interims and Morgan Sindall due to report full year results on yesterday (Thursday), the issues of margins has been thrown into the spotlight following Carillion's collapse. Last month, MPs berated the firm's former executives for aggressive bidding at low margins.