Business Report
investment (-2%). A recovery from this situation is expected in 2021, with investment rising slowly but steadily until 2023. Investment in the residential sector should remain stable until 2023 following a 3.4% decline in 2020. In the longer term, the experience of the pandemic is likely to drive a trend towards [...] recover by about the same amount in 2021, and then stabilise with slight growth until 2023. Civil engineering is undoubtedly the strongest sector, with the greatest volumes and the highest expected growth up to 2023. This trend is being driven particularly by the renewal of infrastructure. The Swiss [...] expectation is that overall construction output in the EC-15 countries will stabilise, with growth rates of +4.5% in 2021, +3.4% in 2022 and +2.3% in 2023. According to Euroconstruct, the market outlook for civil engineering is healthy thanks to expected economic stimulus packages and an investment backlog
Media & Investors
Investor Relations
2020
The year 2020