Headlines
German construction industry sees slight revenue gains in 2025
German construction industry sees slight revenue gains in 2025
Published by Global Banking and Finance Review
Posted on June 5, 2025
Published by Global Banking and Finance Review
Posted on June 5, 2025
FRANKFURT (Reuters) -German construction industry revenue is forecast to record a slight increase of up to 1% in 2025 after a decline in 2024, an industry group said on Thursday.
The BVB construction association said it was cautiously optimistic and predicted revenue of 428 billion euros ($488.43 billion) for the year.
In 2024, revenue slumped 3% to 425 billion euros as the country's property sector grappled with its worst crisis in decades.
($1 = 0.8763 euros)
(Reporting by Tom Sims, Editing by Friederike Heine)
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