Carillion, Eiffage and Kier in HS2 joint venture
24th Jun 2015 08:35
Carillion, Eiffage and Kier have announced a joint venture partnership to support the delivery of the UK's High Speed 2 rail project. The engineering and design firms have experience in the design, construction, operation, financing and maintenance of railway networks in Europe, including high speed
Read moreFTSE 250 movers: Energy stocks surge, Carillion higher on Outland acquisition
29th May 2015 12:45
The London market shook off early morning losses in the afternoon, buoyed by strong performances in the telecommunications, construction and insurance sectors. As of 15:00 BST, the FTSE 250 was trading 0.06% higher at 18,250. Ophir Energy was making gains thanks to an upgrade, with Barclays making
Read moreCarillion acquires Canada's Outland Group
29th May 2015 07:16
Integrated support services company Carillion said on Friday that it has acquired Outland Group - a provider of remote-site accommodation and associated services that operates across Canada. Carillion chief executive Richard Howson said: "Acquiring Outland is another important strategic step in the
Read moreSunday newspaper round-up: Chancellor, General election, Kellogg
6th Apr 2015 15:10
The Chancellor has promised a "revolution" in home ownership if the Conservatives win the general election, the Sunday Telegraph reported. George Osborne said he wanted to help more than a million people buy a first home. He proposed expanding the existing Help to Buy programme, in which the Governm
Read moreThursday broker round-up
5th Mar 2015 12:41
Rightmove: Credit Suisse lifts target price to 3220p from 2700p but cuts to neutral. Aviva: Panmure Gordon reiterates buy - with a 660p target, as does Westhouse Securities. Standard Chartered: UBS increases target price to 1000p from 980p and reiterates neutral view. Asos: Nomura ups target to 3,
Read moreCarillion reports flat sales and profit decline following forex headwinds
4th Mar 2015 07:59
Carillon has reported flat sales and a 1% drop in underlying pretax profit for 2014 in light of volatile trading and foreign exchange headwinds. The company recorded flat revenue worth £4.1bn for the year ending December 2014. This adhered to consensus expectation the came following declines offset
Read moreSunday share tips: Carillion, Cineworld, Travis Perkins
1st Mar 2015 14:14
Might Carillion be building up for another bid for rival Balfour Beatty? Ahead of Wednesday's results and after last week's six-month takeover bid came to an end, Danny Fortson in the Sunday Times said the buying opportunity looks to have gone for good and suggested that Carillion itself was also on
Read moreCarillion's UAE joint venture preferred bidder for £380m Dubai contracts
25th Feb 2015 09:25
Integrated support services Carillion said its United Arab Emirates joint venture business Al Futtaim was close to securing two deals worth a combined £380m. Meraas has chosen Al Futtaim as the preferred bidder for a mixed-use development on the Dubai Creek waterfront worth £225m. The site will hos
Read moreCarillion wins £200m prison contract with MoJ
23rd Jan 2015 07:49
Construction and support services group Carillion has won two contracts worth a combined £200m to provide facilities management services for UK public-sector prisons. The UK Ministry of Justice, which selected Carillion as the preferred bidder for the five-year contracts back in November 2014, has n
Read moreCarillion wins £100m contract for King's Cross redevelopment
19th Dec 2014 08:07
Construction and support services group Carillion has been selected by Argent as the preferred bidder to deliver three new buildings at the King's Cross regeneration project. The combined value of the buildings will be over £100m, the group said on Friday, with construction set to begin in the secon
Read moreCarillion reaches financial close on £550m Scottish road scheme
15th Dec 2014 07:33
Construction group Carillion has sealed a £500m deal to build a by-pass in north east Scotland. Carillion is leading a consortium that has achieved financial close on the Aberdeen Western Peripheral Route/Balmedie to Tipperty project. The consortium, known as Aberdeen Roads, also includes Balfour Be
Read moreCarillion issues £150m worth of bonds
12th Dec 2014 07:47
British support services group Carillion has announced the launch of a £150m offering of senior unsecured convertible bonds. Carillion said it intends to take advantage of favourable conditions in the convertible bond market to secure long-term financing at attractive terms. Funds raised in the off
Read moreCarillion expects full-year revenue to be in line with 2013
10th Dec 2014 08:53
Construction group Carillion anticipates its total revenue for 2014 will be similar to the £4.1bn delivered in 2013, due mainly to a reduction in revenue from public-private partnerships (PPP). However, it said that despite continued challenging market conditions, it had seen further signs of improv
Read moreCarillion joint venture selected for school building programme in the Midlands
10th Dec 2014 08:36
Carillion's joint venture with Equitix has been selected for a £190m public-private partnership project (PPP) in the Midlands under the priority school building programme. The venture will finance, design, build and provide hard facilities management for eight schools. Carillion expects to invest u
Read moreTuesday tips round-up: Carillion, Phorm
9th Dec 2014 08:23
Carillion has been "through the wars" as one analyst recently put it, after de-scaling its British construction business and the odd negative publicity surrounding its relationship with suppliers. However, a recent run of contract wins should put to rest any doubts about the company's work pipeline.
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