Costain to raise ?100m in placing, UAE construction group to take 15% stake
7th May 2020 12:30
(Sharecast News) - Costain has announced plains to raise around ?100m in a share placing backed by UAE construction group ASGC.
Read moreCostain cheers investors with key highways contract win
27th Apr 2020 08:54
(Sharecast News) - Shares in Costain jumped on Monday after the infrastructure specialist was named one of six core partners in the government's ?4.5bn Smart Motorway Programme Alliance.
Read moreCostain shares soar as HS2 railway project gets green light
15th Apr 2020 10:08
(Sharecast News) - Shares in infrastructure company Costain rose by more than a third on Wednesday as the company confirmed its joint venture had been given the green light to start building phase one of Britain's second high-speed railway.
Read moreCostain board takes 30% pay cut as Covid-19 closes sites
30th Mar 2020 11:48
(Sharecast News) - Infrastructure specialist Costain has cut management salaries by a third in response to the coronavirus outbreak.
Read moreCostain 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.
Read moreGovernment 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.
Read moreLiberum 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.
Read moreCostain 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.
Read moreCostain 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.
Read moreCostain 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.
Read moreCostain 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.
Read moreCostain 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.
Read moreCostain 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.
Read moreCostain 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'.
Read moreCostain 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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