Thirty building construction companies were listed in the IBISWorld 2019 Top 500 Private Companies List, released this week.
The Top 500 Private Companies List is compiled by IBISWorld Market Research, from primary research, ASIC-lodged company reports and appraisals of company revenue based on historic data and industry analysis.
The top three construction companies were Meriton, Hutchinson and BGC, ranking 4th, 6th and 14th respectively.
Sydney-based Meriton had a 5% year-on-year revenue change at $2.92 billion.
Hutchinson ranked 6th with $2.82 billion estimated revenue and a 3.6% increase from last year.
BGC’s revenue reached $2.22 billion, up 3.2%.
BMD Group came in at number 35, having experienced growth to the tune of $1.3 billion. This is a significant increase from its 2016 ranking of 44 when estimated revenue was $895 million.
Also experiencing a significant increase was Kane Constructions, whose 4.9% growth saw the company’s estimated revenue amount to $1.07 billion.
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The construction company with the highest revenue loss was South Australian group BADGE, down 24% and 70 places.
BADGE said the fall in revenue was due to a number of large projects being delayed throughout the 2018-19 financial year, assuring their $300 million pipeline heading into 2020 is strong.
The company with the highest percentage increase was VOS Construction, clocking in at a 39% revenue change amounting to $164 million.
Building Construction Companies featured in top 100 (ranked by $ revenue change YoY)
- Meriton $2.92b – 5%
- Hutchinson $2.82b – 3.6%
- BGC $2.22b – 3.2%
- Built $1.5b – 3.8%
- Richard Crookes Constructions $1.32b – 7.3%
- BMD Group $1.31b – 3.2%
- Hansen Yuncken $1.08b – 7.6%
- Kane $1.07b – 4.9%
- ABN Group $925m – 8%
- ADCO $835m – 13.6%
- SHAPE $653m – 7.8%
- Schiavello $630m – 2.4%
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