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• Create Date September 30, 2026
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Quarterly Financial Statistics Construction Dataset June 2026

Construction activity strengthened during the second quarter of 2026, with total turnover increasing 3.1% y-y to R97.8 billion, purchases rising 7.2% to R68.9 billion, and closing work in progress increasing 18.8% to R39.9 billion. Plant and equipment hire also rose strongly, by 33.9% y-y to R2.7 billion, suggesting greater mobilisation of equipment and supporting evidence of increased activity on construction sites. Large contractors entered the quarter with particularly strong active workloads, with opening WIP rising 34.1% q-q to R21.9 billion and closing WIP increasing 38.1% q-q to R18.7 billion. However, closing WIP remained below opening levels, suggesting that large contractors worked through existing projects faster than the active workload was replenished during the quarter.

Despite stronger activity, profitability remains the industry's key weakness. Total pre-tax profit fell 54.7% y-y to R1.56 billion, reducing the overall pre-tax margin from 3.6% to just 1.6%. Large contractors remained loss-making, recording a -0.6% margin despite turnover increasing 13.8% y-y, while medium-sized firms generated a margin of only 0.7%. Small firms remained considerably more profitable at 6.7%, although.....

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