Shotoflight Posted September 1, 2011 Share Posted September 1, 2011 I would be absolutely delighted to be operating on those profits, or anything near it. If you work on a guaranteed cost+ basis then a 20% margin is excessive. There are cost+ contracts in the contracting industry and guaranteed cost+ 7% to 10% would be the norm. (that will cover the normal 5% overheads and remember they pay 28% tax on the remainder. Perhaps, but in the good times the profits on apartments and new builds must have been excessive. Stability (and confidence) was what I was getting at, for the benefit of buyers and builders, and plucked the figure at random. I am aware stability is unrealistic as the market dictates and there are so many input variables and changing regs etc. Quote Link to comment Share on other sites More sharing options...
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