Ile-de-France: the margins of construction companies continue to deteriorate

Published on 13 Jan. 2022 at 15: 32Updated 15 Jan. 2022 to 17: 37

The year 2021 was a year of crisis for housing in the Ile-de-France region. This is the assessment drawn up by the French Building Federation of Ile-de-France during the presentation of the annual results, at the end of December. In 2021, the turnover of the Ile-de-France building is estimated at 37 billion euros, up of 13% compared to 2020, but down 4.6% compared to 2019, reference year. “It’s better, but we are still far from the pre-crisis figures”, estimates Philippe Servalli, the new president of the regional FFB.

After ten years of continuous growth, the sector thought it would continue this momentum thanks, in particular, to large-scale projects, such as the future Grand Paris Express metro. The health crisis has put a brake on new constructions in 2020, but the figures 2021 seem to confirm a recovery. “The recovery plan has been there, the order books are filling up”, analyzes Philippe Servalli.