The turnover per employee in the construction of utility projects in the UK is projected to rise steadily from 2024 through 2028, moving from 238.4 thousand euros to 252.9 thousand euros. This represents an average year-on-year growth rate of approximately 1.5%. Compared to 2023, where the turnover was slightly lower, indicating a consistent improvement in productivity or pricing within the industry. The compound annual growth rate (CAGR) from 2024-2028 is expected to stabilize at this rate, reflecting robust expectations for this sector.
Future trends to watch for include the impact of digital innovations on efficiency, potential regulatory changes affecting infrastructure projects, and economic factors that may influence investment in utility construction. The industry may also see shifts in workforce dynamics as technology further integrates into construction practices.
