Sunday share tips: Mitie, Costain
21st Apr 2024 18:10
(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Mitie to its readers, highlighting it shift from facilities management to facilities transformation.
Read moreMargin progress drives profit growth at Costain
12th Mar 2024 07:31
(Sharecast News) - Costain managed to increase underlying profits by more than a tenth in 2023 despite weaker top-line performance as the construction and engineering company saw an improvement in margins, helping it to resume a final dividend to shareholders.
Read moreCostain wins contract with Northumbrian Water, FY net cash ahead of expectations
10th Jan 2024 08:17
(Sharecast News) - Construction and engineering company Costain announced on Wednesday that it has been appointed by Northumbrian Water to shape, create and deliver its strategic infrastructure upgrade programme.
Read moreCostain hints at dividend after solid first half
23rd Aug 2023 07:28
(Sharecast News) - UK construction and engineering company Costain said it is considering bringing back its dividend payments after a strong first-half performance in which is strengthened its balance sheet and refinanced debt.
Read moreCostain secures contract extension with United Utilities
17th Jul 2023 10:10
(Sharecast News) - Costain said on Monday that it has been appointed by water company United Utilities to work as its Managed Service Provider (MSP) for a further two years, from May 2024 to May 2026.
Read moreCostain trading in line with board expectations
11th May 2023 07:21
(Sharecast News) - Costain Group maintained its guidance on Thursday morning, ahead of its annual general meeting.
Read moreCostain swings to FY operating profit
14th Mar 2023 10:48
(Sharecast News) - Construction group Costain said on Tuesday that it swung to a full-year operating profit as revenues grew.
Read moreCostain wins contract to help deliver Heathrow upgrades
29th Nov 2022 09:03
(Sharecast News) - Costain has won a contract from Heathrow Airport to help deliver upgrades on its Terminal 2 facility and wider asset efficiency improvements.
Read moreCostain amends and extends lending facilities
21st Nov 2022 08:58
(Sharecast News) - Costain Group has concluded negotiations with its bank and surety facility providers to secure a one year 'amend and extend' of its facilities, it announced on Monday, from September 2023 to September 2024.
Read moreCostain confident after meeting first-half expectations
24th Aug 2022 07:41
(Sharecast News) - Infrastructure engineering company Costain said on Wednesday that its reported and adjusted group revenue was up 19.5% in its first half to £665.2m, reflecting primarily volume growth and inflation protection mechanisms within contracts.
Read moreCostain backs FY guidance as H1 revenues surpass expectations
20th Jul 2022 09:44
(Sharecast News) - Costain backed its full-year expectations on Wednesday as it hailed a good performance in the first half, with revenue ahead of market expectations.
Read moreCostain narrows FY pre-tax losses
9th Mar 2022 08:22
(Sharecast News) - Construction company Costain said on Wednesday that it had narrowed pre-tax losses in 2021 as long-time problem jobs were purged from its books and the firm's contract bidding and delivery processes were overhauled.
Read moreCostain trading in line, hails strong H1 cash performance
15th Jul 2021 09:36
(Sharecast News) - Infrastructure specialist Costain said on Thursday that trading was in line with its expectations as it hailed a strong cash performance in the first half.
Read moreTrading on track at Costain as it targets full-year profit growth
6th May 2021 11:03
(Sharecast News) - Costain remains on track to deliver full-year profit growth in 2021, the infrastructure specialist said on Thursday.
Read moreBabcock looking to offload rail business - report
4th May 2021 11:21
(Sharecast News) - Babcock International is preparing the sale of its rail business, it was reported on Tuesday, the opening salvo in a company-wide divestment programme.
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