Leitrim firm makes list of Top 50 Construction Contractors for 2019

Leitrim Observer Reporter

Reporter:

Leitrim Observer Reporter

Leitrim firm makes list of Top 50 Construction Contractors for 2019

A Leitrim company has made the Top 50

The Construction Industry Federation (CIF) Top 50 Construction Contractors for 2019 have been announced, with one Leitrim firm making the list with a turnover of €46.1 million.

King & Moffatt is ranked number 34 on the list.

The combined turnover for Ireland’s top 50 construction companies increased by 25% to €8.39 billion last year according to the Top 50 list.

The annual listing gives a snapshot of the overall growth in Irish construction as it delivers many largescale projects throughout Ireland and the world, attracting foreign direct investment to Ireland and exporting almost €2.5 billion in construction expertise.

According to Construction magazine’s figures, the top 50 Irish contractors reported a combined turnover of €8.39 billion in 2018, with €5.9 billion of this activity taking place in Ireland, and almost €2.5 billion resulting from exported construction services, up more than 54% from €1.62 billion in 2017.

Over the years, the construction industry federation has seen a year on year increase in the turnover for the CIF top 50 contractors. In 2015, total turnover for the CIF top 50 was €4.9 billion, jumping to €6.72 billion in 2017, and €8.39 billion in 2018.

The Irish turnover for CIF’s Top 50 has remained high, increasing 15.7% from €5.1 billion in 2017, to €5.9 billion in 2018.