Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Biggest European Construction Companies

In this piece, we will take a look at the fifteen biggest European construction companies. For more firms, head on over to 5 Biggest European Construction Companies.

The European construction industry, like nearly every other sector out there, also faced the brunt of the coronavirus pandemic as an economic slowdown decreased spending. The industry consists of a variety of different sectors such as residential, healthcare, hospitality, and others. Despite the coronavirus slowdown, the segment was worth $2.9 trillion by the end of 2021, believes the research firm Expert Market Research. From then until 2028, the sector will grow at a relatively strong compounded annual growth rate (CAGR) for its size of 3.6% and be worth $3.6 billion by the end of the forecast period.

A key advantage for European firms is that housing is often funded by the government, which ends up providing them with a stable source of revenue that remains relatively insulated to economic downturns when compared to private spending. An example of this spending is the Dutch government’s decision to spend 253 million Euros to build thousands of new houses in 2021 – the majority of which will be affordable houses aimed at alleviating the difficulties people face in home ownership. Additionally, the growing shift towards sustainable sourcing for housing materials is spurring new projects as well, since materials such as timber were previously not required by law to be used in building construction.

However, Europe has also felt the negative effects of the Russian invasion of Ukraine this year in the form of painful energy costs and the resulting economic slowdowns. In fact, analysts from CIC-Market Solutions believe that the rising costs will lead to a negative landing for the construction sector in Europe next year. They forecast that from a post pandemic growth of 5.9%, the sector can see spending drop by as much as 1.1% next year. Diving down into the details, Germany will suffer from high gas prices and Finland will see the largest drop in the form of a 4.3% drop in spending. However, Iceland and Greece will see spending growth, with 1.5% and 1.4% growth in spending, respectively.

With these details in mind, it is time to take a look at Europe’s largest construction firms. The top players on our list are Ferrovial, S.A. (BME:FER.MC), Vinci SA (EPA:DG.PA), and Bouygues SA (EPA:EN.PA).

PI/Shutterstock.com

Our Methodology

We studied the European construction industry to sift out which firms are the top players. These are ranked according to their latest market capitalization.

Biggest European Construction Companies

15. Sacyr, S.A. (BME:SCYR.MC)

Market Capitalization as of November 22th, 2022: $1.68 billion (1EUR = 1.03USD)

Sacyr, S.A. (BME:SCYR.MC) is a Spanish company that provides construction services for a wide variety of buildings and facilities such as motorways, airports, and oil and gas infrastructure. The firm is headquartered in Madrid, Spain.

Sacyr, S.A. (BME:SCYR.MC) saw the firm beat analyst estimates by a mile, as it posted EUR1.5 billion in revenue which ended up surpassing the estimates by 11%. The firm’s shares currently trade for EUR2.57, which is significantly below the consensus price target of EUR3.5. Taking cue of the recent push to sustainability, Sacyr, S.A. (BME:SCYR.MC) also plans to invest EUR17 million in a Spanish environmental complex.

Sacyr, S.A. (BME:SCYR.MC)’s market capitalization is $1.68 billion.

Ferrovial, S.A. (BME:FER.MC), Vinci SA (EPA:DG.PA) and Bouygues SA (EPA:EN.PA) are met by Sacyr, S.A. (BME:SCYR.MC) on our list of Europe’s largest construction company.

14. Peab AB (publ) (STO:PEAB-B.ST)

Market Capitalization as of November 22th, 2022: $1.74 billion (1SEK = 0.095USD)

Peab AB (publ) (STO:PEAB-B.ST) is a Swedish construction company that is headquartered in Forslov, Sweden. The firm builds homes, public properties, and commercial properties.

Peab AB (publ) (STO:PEAB-B.ST) was on a spree in November 2022 when it comes to construction projects. The firm won a 118 million Norwegian Kroner contract to build a combustion plant in Finnsnes, Norway, that is slated to be completed by 2024. Three days later, it won another $30 million contract to renovate Sweden’s Hogland Hospital. Construction will begin in December 2022 and is expected to finish by 2025.

Peab AB (publ) (STO:PEAB-B.ST) has a market capitalization of $1.74 billion.

13. Vistry Group PLC (LON:VTY.L)

Market Capitalization as of November 22th, 2022: $2.62 billion (1GBP = 1.20USD)

Vistry Group PLC (LON:VTY.L) is a British firm that is one of the oldest of its kind as it was set up in 1885. The company operates as a housebuilder and is headquartered in West Malling, United Kingdom.

Vistry Group PLC (LON:VTY.L) reported £1.3 billion in revenue for this year’s first half, which marked a 5.5% growth at a time when the British economy is facing historic challenges due to political and economic crises. Vistry Group PLC (LON:VTY.L) completed 3,219 houses during the first half of 2022.

Vistry Group PLC (LON:VTY.L)’s market capitalization is $2.62 billion.

12. Bellway p.l.c. (LON:BWY.L)

Market Capitalization as of November 22th, 2022: $2.92 billion (1GBP = 1.20USD)

Bellway p.l.c. (LON:BWY.L) is a British homebuilder that sells different properties such as one bedroom apartments to six bedroom family homes. The firm is based in Newcastle, the United Kingdom.

Bellway p.l.c. (LON:BWY.L)’s fiscal year 2022 ended in July, and the earnings report revealed that the firm had £3.5 billion in revenue, marking a roughly £400 million annual growth. However, the firm struggled to keep up with inflation, as administrative expenses grew by £14 million and a drop in other operating income led to Bellway p.l.c. (LON:BWY.L) posting lower operating income for the fiscal year 2022.

As of November 22, 2022, Bellway p.l.c. (LON:BWY.L) has a market capitalization of $2.92 billion.

11. Fomento de Construcciones y Contratas, S.A. (BME:FCC.MC)

Market Capitalization as of November 22th, 2022: $3.60 billion (1EUR= 1.03USD)

Fomento de Construcciones y Contratas, S.A. (BME:FCC.MC) is a construction company that builds, designs, operates, and maintains sewage collection and filtration systems. The firm also builds airports, motorways, residential buildings, and housing estates.

Fomento de Construcciones y Contratas, S.A. (BME:FCC.MC)’s return on equity (ROE) of 15% is slightly higher than the industry average of 13%. The firm has posted impressive growth over the past few years, as it has managed to grow the net income by a strong 33% over the past five years. This is vastly superior to the average industry growth of 4.3% for the same metric and the same time period.

Fomento de Construcciones y Contratas, S.A. (BME:FCC.MC)’s market capitalization is $3.6 billion.

10. HOCHTIEF Aktiengesellschaft (ETR:HOT.F)

Market Capitalization as of November 22th, 2022: $4.21 billion (1EUR= 1.03USD)

HOCHTIEF Aktiengesellschaft (ETR:HOT.F) is a global construction firm that is headquartered in Germany. It has operations in Europe, Asia Pacific, and the Americas.

HOCHTIEF Aktiengesellschaft (ETR:HOT.F)’s ROE stands at a strong 30% as of November 2022, which is significantly higher than the industry average of 7.6%. This means that for every EUR of capital invested in it, the firm generated 30 cents in return while the industry as a whole could generate only 7.6 cents. However, this growth appears to be fueled by debt, which is not reflected in the ROE ratio. HOCHTIEF Aktiengesellschaft (ETR:HOT.F)’s debt to equity ratio is 5.36, implying that it has five times the debt as its equity.

HOCHTIEF Aktiengesellschaft (ETR:HOT.F) has a market capitalization of $4.21 billion.

9. Barratt Developments plc (LON:BDEV.L)

Market Capitalization as of November 22th, 2022: $4.83 billion (1GBP= 1.20USD)

Barratt Developments plc (LON:BDEV.L) is a British commercial and homebuilding company. The firm develops land and builds homes, offices, penthouses, apartments, and other buildings.

Barratt Developments plc (LON:BDEV.L)’s building completions have recovered from the brunt of the coronavirus pandemic. These had dipped to 12,604 buildings in 2020 from 2019’s 17,856, but as of 2022, they now stand at 17,908 homes. The firm’s 2022 revenue is £5.2 billion, marking for a comfortable £400 million annual growth.

Barratt Developments plc (LON:BDEV.L)’s latest market capitalization is $4.83 billion.

8. Persimmon Plc (LON:PSN.L)

Market Capitalization as of November 22th, 2022: $4.99 billion (1GBP= 1.20USD)

Persimmon Plc (LON:PSN.L) builds family, executive, and social housing platforms. The firm is headquartered in York, United Kingdom.

Persimmon Plc (LON:PSN.L)’s new home completions and total group revenues dipped annually during the first half of this year. As of June 2022, its revenues stand at £1.69 billion for a £150 million annual drop and it completed 6,652 homes during the same time period for an approximate 900 home drop.

7. Skanska AB (publ) (STO:SKA-B.ST)

Market Capitalization as of November 22th, 2022: $7.11 billion (1SEK= 0.095USD)

Skanska AB (publ) (STO:SKA-B.ST) is a Swedish construction company with operations in Europe and the U.S. It is headquartered in Stockholm, Sweden and is one of the oldest firms of its kind after being set up in 1887.

Skanska AB (publ) (STO:SKA-B.ST)’s business is booming when it comes to the U.S. The firm announced in November 2022 that it will spend $58 million to renovate 130,000 square meter facility in Houston, Texas, with office build outs and MEP systems. Just two days later it announced a massive $296 million investment in Seattle to build a 31 story Class-A apartment complex. Skanska AB (publ) (STO:SKA-B.ST) expects to complete the project by November 2024.

Skanska AB (publ) (STO:SKA-B.ST)’s latest market capitalization is $7.11 billion.

6. ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS.MC)

Market Capitalization as of November 22th, 2022: $7.23 billion (1EUR= 1.03USD)

ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS.MC) is a Spanish firm that provides construction services to build highways, airports, educational facilities, residential infrastructure, and more. The firm is headquartered in Madrid, Spain.

ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS.MC)’s fiscal third quarter saw the firm bring in EUR9.11 billion in revenue which marked a strong 30% annual growth. At the same time, its net income jumped by a whopping 56% to stand at EUR150 million. However, ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS.MC) is relying heavily on debt, and its EUR19.7 billion in liabilities significantly outweigh its cash and receivables by a sizeable EUR9.16 billion.

ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS.MC) is worth $7.23 billion on the stock market.

ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS.MC) joins Ferrovial, S.A. (BME:FER.MC), Vinci SA (EPA:DG.PA), and Bouygues SA (EPA:EN.PA) as one of Europe’s biggest construction companies.

Click to continue reading and see 5 Biggest European Construction Companies.

Suggested Articles:

Disclosure: None. 15 Biggest European Construction Companies is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months

• BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.

• One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Content: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…