Costain bags three highways contracts
12th Nov 2012 14:54
Engineering group Costain said it had secured three additional highways contracts worth a minimum of 15 million pounds. The first, a four-year technology contract, is for the maintenance of Road Network Communications and Tunnel Systems across Wales and worth around £15m. It involves routine maint
Read moreWednesday tips round-up: Babcock International, Costain and DS Smith
7th Nov 2012 06:49
Tempus in The Times writes that there are signs now, from Babcock International's halfway figures and the outlook for the next year or so, that orders are coming through as local authorities and central government seek ways to cut spending by having work done more cheaply by the private sector. Babc
Read moreBalfour and Costain win contract at Magnox nuclear plant
6th Sep 2012 07:21
FTSE 250 infrastructure group Balfour Beatty and AIM-listed Costain have been selected for a contract to work on the decommissioning of the Magnox nuclear power plant by the Nuclear Decommissioning Authority (NDA). The £288m framework contract, for the delivery of construction, infrastructure and m
Read moreCostain engineers profits in first half
23rd Aug 2012 10:19
Engineering firm Costain posted a rise in revenues and profits in the first half, helped by a strong showing in its infrastructure business. Revenue was up 2% on the previous year to £477.9m, while profits rose over 50% to £15.4m. Revenue in the firm's Infrastructure division during the period was
Read moreCostain wins two new contracts
3rd Aug 2012 09:33
The engineering firm Costain took the high road on Friday morning after reporting two contract wins. The first is worth £102m, split equally between joint venture partners Costain, Lagan Construction and Ferrovial Agroman, for the design and construction of the A8 dual carriageway, connecting Belfa
Read moreSevern Trent forms joint venture with Costain
28th Jun 2012 07:23
FTSE 100 water firm Severn Trent and engineering company Costain have announced a joint venture to provide business water and wastewater management services to high volume commercial users. The new entity, Severn Trent Costain, will offer large multi-site water users a single expert supplier for al
Read moreCostain full year to be in line with expectations
28th Jun 2012 07:12
Engineering group Costain said it performed strongly over the first half and is on track to deliver full year results in line with company expectations. It said during the first half, it continued to secure significant new awards and extensions to existing contracts, "as a result of focussing on bl
Read moreSmall cap round-up: NetDimensions, Blinx, Costain
20th Jun 2012 10:14
AIM-listed NetDimensions fell on Wednesday despite announcing it had done a deal to provide talent management software to Metersbonwe, mainland China's largest casual wear company. Metersbonwe will implement NetDimensions' Talent Suite software to address the increased training and talent management
Read moreGalliford to upgrade Liverpool water treatment
11th Jun 2012 07:28
Construction group Galliford Try said it was part of a joint venture that had won a 180m pound waste water contract. The contract to upgrade and extend Liverpool Waste Water Treatment Works was awarded by United Utilities Group to a team which also includes Costain Group and Atkins (WS). The proje
Read moreCostain makes solid start to 2012
9th May 2012 11:25
Engineering solutions provider Costain has said it is on target to meet its full-year guidance after performing well in the year-to-date, following a strong performance in 2011. The firm said that is has undergone "significant and ongoing transformation" as a result of the implementation of its str
Read moreCostain on course to double profits
7th Mar 2012 08:02
Engineering solution provider Costain revealed a 38% jump in full year adjusted operating profit, increased its order book and said it was on course to double profits in the medium-term. Adjusted profit rose to £24.1m for the year ended 31 December 2011 from £17.4m a year earlier. Adjusted pre-tax
Read moreWednesday preview: Admiral, Costain, Sportech, Lookers
6th Mar 2012 17:46
Car insurance group Admiral is due to report its full-year figures on Wednesday, with the market keen to see whether the unusually high frequency and expected cost of new large personal injury claims seen in the third quarter continued into the fourth quarter. Credit Suisse recently upgraded its r
Read moreLondon Close - FTSE flat as investors eye Italy
7th Nov 2011 16:55
UK prices were broadly flat on Monday dropping just 0.3% following steady rises since early September. However, investors are keeping a wary eye on developments in Italy. The human comedy sketch known as Silvio "Il Cavalieri" Berlusconi, appears to be teetering on the edge of losing power. The pre
Read moreLondon midday: Stocks off the bottom
7th Nov 2011 12:20
UK prices are off the bottom, but investors are keeping a wary eye on developments in Italy, where reports suggest that Il Cavalieri, Silvio Berlusconi, could resign the post of Prime Minister within a matter of hours. CHOPPY WATERS AHEAD FOR WEIR Scottish engineering firm Weir, the company which
Read moreCostain on track as order book rises
7th Nov 2011 07:45
Engineering solutions provider Costain said it continues to perform well and trading is in line with the board's expectations. The group's order book has increased to £2.6bn following the strong performance reported in the interim results in August. The figures includes the recently announced award
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