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.
Read moreCostain 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.
Read moreCostain 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.
Read moreFriday broker round-up
31st Aug 2018 13:21
(Sharecast News) - Admiral: Peel Hunt downgrades to hold with a target price of 1,085p.
Read moreCostain 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
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