Costain looks to shore up balance sheet after tough year

11th Mar 2020 08:46

(Sharecast News) - Costain Group is to shore up its balance sheet through a ?100m share placing, after the infrastructure specialist slid into the red.

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Government gives green signal to HS2 rail link

11th Feb 2020 11:25

(Sharecast News) - The government has decided to go ahead with the HS2 link for high-speed rail between London, the Midlands and northern England after months of uncertainty over the £106bn project.

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Liberum cuts target price on Costain

12th Dec 2019 11:21

(Sharecast News) - Analysts at Liberum cut their price target on British construction and engineering company Costain's shares from 350.0p to 220.0p on Thursday, following an adverse court judgement in its dispute over a Welsh motorway project.

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Costain sells Alcaidesa business for €15.2m

11th Dec 2019 07:42

(Sharecast News) - Infrastructure solutions group Costain has agreed to sell its Alcaidesa business, which owns and operates two golf courses in Cadiz, Spain, for €15.2m in cash.

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Costain secures ?150m new highways orders

28th Oct 2019 09:49

(Sharecast News) - Smart infrastructure solutions company Costain said on Monday that it has been awarded a range of new highways contracts in the last quarter, totalling more than £150m.

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Costain JV secures ?325m contract with Southern Water

16th Oct 2019 13:14

(Sharecast News) - Infrastructure solutions company Costain and joint venture partner MWH Treatment have been awarded a £325m contract by Southern Water.

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Costain interim profits drop but on track to meet revised FY estimates

21st Aug 2019 09:08

(Sharecast News) - Infrastructure company Costain posted a slump in first-half profit on Wednesday but said it was on track to meet revised full-year estimates following June's profit warning.

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Costain tanks as it warns on full-year revenue

28th Jun 2019 09:00

(Sharecast News) - Costain shares tanked on Friday after the infrastructure company warned on revenue due to delays to a number of contracts.

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Costain trading in line as new CEO takes up his position

7th May 2019 10:42

(Sharecast News) - Infrastructure solutions group Costain confirmed on Tuesday that current trading is in line with expectations as it sounded an upbeat note on the outlook.

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Costain to deliver 'major improvements' to A19 road

22nd Mar 2019 10:00

(Sharecast News) - Infrastructure solutions company Costain has been appointed to deliver "major improvements" on the A19 road for Highways England, it announced on Friday, as part of the government-owned company's 'Regional Investment Programme'.

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Costain to work with Severn Trent in next regulatory period

20th Mar 2019 10:23

(Sharecast News) - Infrastructure solutions provider Costain has been awarded a place on 'Lot 1' of the capital delivery framework by Severn Trent Water, it announced on Wednesday, as part of the delivery of Severn Trent's £2bn capital programme for the regulator 'Asset Management Period 7' (AMP7).

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Costain chief executive to step down after 14 years in charge

6th Mar 2019 11:36

(Sharecast News) - Shares in Costain eased in morning trading on Wednesday after the construction and engineering group unveiled a decline in revenues and profits and announced that its long-standing chief executive was stepping down.

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Costain appears unaffected by delays to Crossrail, says Liberum

3rd Jan 2019 11:05

(Sharecast News) - Analysts at Liberum reiterated their 'buy' rating on construction and engineering outfit Costain following the group's in line trading statement on Thursday.

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Costain sees full year in line with expectations after good H2

3rd Jan 2019 08:07

(Sharecast News) - Costain said on Thursday that full-year results should be in line with the board's expectations as it continued to perform well in the second half.

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Friday broker round-up

31st Aug 2018 13:21

(Sharecast News) - Admiral: Peel Hunt downgrades to hold with a target price of 1,085p.

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