{"id":3668,"date":"2019-03-05T09:35:11","date_gmt":"2019-03-05T09:35:11","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=3668"},"modified":"2019-03-05T09:35:11","modified_gmt":"2019-03-05T09:35:11","slug":"okeefe-forecasts-12-revenue-fall-due-to-brexit","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/okeefe-forecasts-12-revenue-fall-due-to-brexit\/","title":{"rendered":"O\u2019Keefe forecasts 12% revenue fall due to Brexit"},"content":{"rendered":"<p>South East groundworks and concrete contractor O&#8217;Keefe Construction is predicting that Brexit project delays will hit revenues by around 12% this year.<\/p>\n<p>The firm warned that market conditions had hardened with projects\u00a0being delayed and cancelled.<\/p>\n<p>Reporting stable pretax profit of \u00a32.3m on revenue\u00a0up 8% to \u00a382m last year, the London-based firm warned it was forecasting a revenue drop in 2019.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"95430\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.nasc.org.uk%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/NASC scrolling ads for Construction Enquirer.gif\"\/><\/a><\/div>\n<\/div>\n<p>Patrick O\u2019Keefe, chief executive, said: &#8220;We believe that once political certainty is reached, these opportunities will once again go live and turnover levels will return to a level of controlled growth,but as always, we continue to focus on strong financial management of the company.&#8221;<\/p>\n<p>Over the year the staff headcount rose to near 200.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"209475\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.faset.org.uk%2Fmembers%2Ffaset-member-list%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/CE_FASET-MPU_FEB19.gif\"\/><\/a><\/div>\n<\/div>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"145884\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fndtg.training%2Fccdo-card%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/CCDO-Banner-Loop.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/2C4TTEp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South East groundworks and concrete contractor O&#8217;Keefe Construction is predicting that Brexit project delays will hit revenues by around 12% this year. The firm warned that market conditions had hardened with projects\u00a0being delayed and cancelled. Reporting stable pretax profit of \u00a32.3m on revenue\u00a0up 8% to \u00a382m last year, the London-based firm warned it was forecasting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":154,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-3668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=3668"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3668\/revisions"}],"predecessor-version":[{"id":3669,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3668\/revisions\/3669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/156"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=3668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=3668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=3668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}