|  

BDF anticipating 2.9% growth in sales revenue for 2021

08.11.2021 − 

The German prefabricated construction federation (BDF) is anticipating sector sales revenue of €3.49bn for 2021. According to the forecast presented at the meeting of members in Künzelsau on 8 October, sales revenue generated by the 49 industrial prefabricated-house manufacturers currently represented by the BDF and operating nationwide in 2021 is going to be 2.9% higher than last year.

As such, the backlog of orders has risen to an average of a good 16 months for the industry as a whole. The BDF says the figure had still been at a good 12 months or over 50 months at the middle of the year. The BDF is reckoning with roughly 24,500 new prefabricated houses and a resulting prefabricated-construction share of around 23 % on the national average. 15,330 prefabricated houses had already been erected in the first seven months, equating to a market share of 22.7%.

In view of the present underlying conditions, assessment of the state of business has turned out to be mostly positive. In a survey performed in advance of the meeting of members, 81% of the BDF businesses rated the current business situation as good, and only 19% as satisfactory. 74% of the members are anticipating stable business in the coming six months, 15% see deterioration ahead, and 11% believe the level of business activity will be even better.

Tags of this news:

previous − Segezha Group planning new wood-industry facility

British Stewart Milne Group aiming to sell Timber Systems  − next