2025-06-16-Jefferies-本周图表_将建筑施工纳入国防基础设施_8页_172kb

Summary of Jefferies Equity Research Report

Europe Building, Construction & Housebuilders

• Main Focus: Defense infrastructure as an emerging end market for construction in Europe.
• Europe Defense Spending: Approximately 2% of GDP currently, with 5% allocated to infrastructure.
• Potential Growth: Agreement to increase infrastructure and cybersecurity spending to 1.5% of GDP from current levels.
• Analyst Ratings: Issued for companies in the sector.
  • Buy Rated Companies: Barratt Redrow, Bellway, Crest Nicholson, Persimmon, Taylor Wimpey, Volution Group Plc, etc.
  • Hold Rated Companies: Berkeley Group, Crest Nicholson (in some markets), etc.
  • Overall: Emphasis on growth opportunities in defense and infrastructure spending.