Costain hails 'another good first half' as it lifts dividend 8%
22nd Aug 2018 10:04
(Sharecast News) - Smart infrastructure solutions company Costain said on Wednesday that it had experienced "another good first half" as it posted a rise in profit and bumped up its interim dividend by 8%.
Read moreCostain awarded Highways England contract
21st Aug 2018 10:06
(Sharecast News) - Smart infrastructure solutions company Costain has been awarded a technology contract by Highways England.
Read moreTransport for London agrees £500m road improvement deal
5th Jan 2017 07:39
(ShareCast News) - Transport for London has agreed a £500m deal with contractors Costain, Morgan Sindall and Skanska to carry out major road improvement projects over the coming four years. The framework agreement, covering the construction, upgrading and maintenance of bridges, tunnels and highways
Read moreInfrastructure spending good for housebuilders, contractors, bad for letting agents
24th Nov 2016 15:58
(ShareCast News) - Funding outlined in the Autumn Statement could be good for alternative housing providers, contractors, but potentially problematic for mainstream housebuilders, and bad for letting agents, according to broker Stockdale. In the mini-budget on Wednesday, Chancellor Philip Hammond sa
Read moreCostain wins £113m National Grid contract
21st Nov 2016 13:31
(ShareCast News) - Construction and engineering group Costain has been awarded a contract worth £113m by National Grid to upgrade its Peterborough and Huntingdon compressor stations as part of the company's Emissions Reduction Project. Following completion of a successful front end engineering desig
Read moreUK govt unveils planned route for second phase of HS2; awards contracts
15th Nov 2016 08:36
(ShareCast News) - The UK government has published the route for the second phase of the HS2 rail line from Crewe to Manchester and the West Midlands to Leeds. The high-speed link plan for the controversial £55bn project, published by the department for Transport, did not include a final decision ov
Read moreCostain H1 profit up, hikes dividend by 15%
24th Aug 2016 10:22
(ShareCast News) - Construction and engineering group Costain reported a rise in first-half pre-tax profit as revenue grew and the order book remained at a record level. In the six months to the end of June, reported pre-tax profit increased to £11.3m from £10m the year before on revenue of £791.4m,
Read moreDirector dealings: New Costain chairman makes first purchase
30th Jun 2016 12:47
(ShareCast News) - Costain's newly appointed chairman Paul Golby purchased more than £111,000 worth of shares in the engineer on the day it released strong first-half trading update. Golby, formerly chief executive and chairman of big-six energy provider E.On, bought 35,000 shares at a price
Read moreCostain appoints former E.ON chief as chairman
6th Apr 2016 08:24
(ShareCast News) - Construction and engineering firm Costain announced the appointment of Dr Paul Golby as its new chairman, replacing David Allvey who will retire at the annual general meeting in May after seven years. Golby is chairman of air traffic control group NATS Holdings Limited and a non-e
Read moreCostain books solid earnings after implementing new strategy
2nd Mar 2016 15:37
(ShareCast News) - Costain Group's concentration on high value clients may have shown its worth on Wednesday, as the company recorded some impressive improvements in its revenue and earnings. The London-listed engineering solutions provider saw revenue increase 18.2% to £1.3bn during the year, with
Read moreCostain and Balfour JVs win Thames 'super sewer' contracts
24th Aug 2015 07:30
(ShareCast News) - Separate joint ventures led by infrastructure group Balfour Beatty and engineer Costain have won around £1bn worth of contracts to carry out construction of the major Thames Tideway Tunnel sewer in London. FTSE 250 infrastructure investor International Public Partnerships has also
Read moreLondon pre-open: Markets expected to open lower as Asia falls again
24th Aug 2015 07:19
(ShareCast News) - City sources predict the FTSE 100 will open 217 points lower than Friday's close of 6,187.65. CMC Markets said expectations of easing from Chinese policymakers over the weekend were misplaced, despite massive falls in the markets last week. The continued sell-off in Asia, combine
Read moreCostain joint venture wins A14 scheme contract
3rd Jun 2015 08:03
The joint venture between engineering solution provider Costain Group and development group Skanska AB has been chosen as the preferred bidder to handle part of the A14 Cambridge to Huntingdon improvement scheme. Highways England has awarded the joint venture the package covering the A1 junction at
Read moreCostain wins £107m UK road upgrade deal
17th Nov 2014 08:12
Civil engineering group Costain has won a £107.1m deal to improve a road in Cheshire. Costain said it had secured a contract from the Highways Agency to upgrade the A556 between junction 19 of the M6 at Knutsford and junction 7 of the M56 near Bowdon to create a dual carriageway over a four mile str
Read moreCostain on track with record order book, new BAE contract
5th Nov 2014 09:28
Engineering group Costain said on Wednesday it is on track to hit full-year expectations with a record order book, as it announced a new contract with defence group BAE Systems. Costain has been appointed by BAE as one of its framework contractors on the eight-year £300m-plus programme to redevelop
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