German construction industry sees slight revenue gains in 2025
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FILE PHOTO: A general view of cranes and a construction site silhouetted against the sun, ahead of the summit for affordable housing and construction at the Chancellery in Berlin, Germany September 25, 2023. REUTERS/Lisi Niesner/File Photo
FRANKFURT (Reuters) -German construction industry revenue is forecast to record a slight increase of up to 1% in 2025 after a decline in 2024, an industry group said on Thursday.
The BVB construction association said it was cautiously optimistic and predicted revenue of 428 billion euros ($488.43 billion) for the year.
In 2024, revenue slumped 3% to 425 billion euros as the country's property sector grappled with its worst crisis in decades.
($1 = 0.8763 euros)
(Reporting by Tom Sims, Editing by Friederike Heine)
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