Builders and building materials
Infrastructure group Costain sees profits plunge in first half
A “lower level of capital project activity”, coupled with a costly roof repair bill, meant revenue and profits took a beating in the first half of 2019
Company
Costain Group PLC
LON:COST
The Costain Group is one of the UK's leading construction companies. The Costain Group is traded in the ISDX Exchange HERE
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Builders and building materials
Costain wins £150mln contract to redevelop Gatwick Airport station
Network Rail Southern Region has appointed Costain to carry out work to expand capacity at the station.
Investments and investor services
Angus Energy considers sale of Brockham licences after disappointing drilling programme
A look at the day's major movers, including Rose Petroleum, Craneware, CVS, Adept4, Merlin, Mirriad and Costain
Builders and building materials
Costain shares plunge as project delays hurt revenue
"Despite delays to the timing of certain contract start dates and new awards, our markets are strong, as evidenced by the breadth of our new contract awards in the first half,” said chief executive Alex Vaughan.
Builders and building materials
United Utilities awards first maintenance outsourcing contract to Costain
Costain said the five-year contract will be worth roughly £35mln per year and has an option to extend to ten years
Builders and building materials
Costain chief bows out with record order book
Orders at the end of 2018 were a record £4.2bn, with 90% of that repeat business
Archive
FTSE 100 closes up while European indices fall despite talk of new ECB lending
Footsie closed at 7,196 - up 12.57 points, while FTSE 250 finished in the red - down around 83 at 198,359
Archive
Legal & General to see new chief exec hog spotlight on Wednesday
While the insurer is scheduled to report its finals, the figures may be overshadowed by the new head of its investment management arm Michelle Scrimgeor
Archive
Insurance will be the corporate key in coming week, though US jobs data should be biggest draw
The Week Ahead brings updates from the likes of Aviva, Direct Line, L&G and Admiral, while investors can also bet on Paddy Power Betfair and GVC Holdings
Builders and building materials
Costain maintains 2018 estimates after ending year with record order book
"This has been another year of progress for Costain,” said chief executive Andrew Wyllie
Investments and investor services
Costain Group boasts first half in line with expectations
"We delivered another good performance in the first half of the year,” said Andrew Wyllie, Costain chief executive
Investments and investor services
FTSE 100 closes ahead amid some market turbulence; Trump hits back
The Footsie closed at 7,574 - up around eight points, or 0.11%...
Archive
FOMC minutes to take centre stage on Wednesday amid sprinkling of interim results
Investors will be looking out for any signs that the recent tariffs and rhetoric from the White House could be affecting the US economic and business sentiment
Archive
World biggest miner, BHP Billiton the main focus as results flow set to slow in coming week
Only three other FTSE 100-listed companies are scheduled to unveil updates – housebuilder Persimmon, Irish construction group CRH, and Middle East hospitals operator NMC Healthcare
Builders and building materials
Costain on the road to meeting full-year expectations
Costain also recently announced its planned expansion to a new enlarged technology centre in Somerset
FTSE 100 closes higher as traders cheer up a bit
The UK blue-chip benchmark closed up over 45 points higher at 7,593, while FTSE 250 added over 59 points at 20,665.
Archive
Builders in focus on Tuesday with Costain update and UK construction PMI
The construction will be facing renewed focus after the surprise upward revision of UK Q1 GDP last week
Archive
Housebuilders and retailers take centre stage as slew of firms release latest results
The week ahead will see quarterly results from Sainsbury's and AB Foods, trading updates from Bovis Homes and Persimmon, and full year earnings from SuperDry
Investments and investor services
Markets nervous ahead of Capita finals, is it ‘the next Carillion’?
Capita will be a focus on Thursday, others include Bovis House, Cobham, and National Express.
Archive
Housebuliders step up to the podium in busy week of corporate earnings
The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP