Large construction projects are complex and involve autonomous teams. That is why Project Management and the resolution of claims are integral to the planning, execution, and operational stages of buildings, public utilities, industrial resources, and infrastructure. The business has global potential for every country that has both ongoing and future needs related to Projects and Construction Claims.
This stock gives investors an opportunity to diversify investment portfolios into the profitable and growing space of specialized services for the international construction industry. The company has been involved in such mega projects such as the tunnel linking of the United Kingdom with France and the Petronas Towers in Kuala Lumpur. Therefore, its credentials are impeccable.
The company has a sound business model, in which it adds a healthy margin on the costs of allocating specific teams to projects, and bills clients additionally for all out-of-pocket expenses. Investors can take heart from the fact that the company has been able to close major new lines of revenue through prestigious projects in the Middle East, while also getting repeat business from its earlier clients, which include the Dubai International Airport and the Museum of the City of New York.
The future prospects of the company are excellent considering the vast scope for new international construction projects, and the proven capabilities of the company’s engineers and other professionals to deliver reliable results in exacting and diverse operating environments. The company has produced returns on average equity in excess of 25%, with positive cash flows.
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