In this edition of Founders’ Construction Materials 1H 2023 Review and Year End Outlook, we discuss how the major construction materials companies navigated macroeconomic challenges in 1H 2023. We also look into key trends including what the major players are predicting for 2024 and beyond, their valuation and trading statistics, and notable transactions over the past year.
In the face of increased interest rates and lingering inflation, construction materials companies have managed to maneuver the pricing environment to create strong results through the first half of the year. The interest rate environment has made M&A slightly more challenging from a financing perspective, but many deals are still getting done in the sector.
If you or someone you know has questions about the construction materials industry, please feel free to reach out to Dennis Coker, Managing Director of our Building Materials Practice.