Engineering Services Sector: Positive Outlook

Almost 79% of engineering services firms said turnover increased or remained the same during the first quarter of 2017, according to new findings from the sector-wide ‘Building Engineering Business Survey’, sponsored by Scolmore.

The survey, which is run in partnership by the Building Engineering Services Association (BESA), the Electrical Contractors’ Association (ECA), and Scottish electrical trade body SELECT, received 370 responses from companies across the engineering services sector.

Looking ahead to the second quarter of this year, nearly 88% of businesses expect their turnover to increase or remain steady.

The Building Engineering Business Survey was completed by BESA, SELECT and ECA members in early April this year, prior to the general election being announced.

Members of the three trade bodies have a combined annual turnover of £11 billion, spanning building, infrastructure and maintenance activity.

Source: http://www.electricaltimes.co.uk/news/story/engineering-services-sector-powers-ahead