14th Jul 2015 06:16
LONDON (Alliance News) - FTSE 250-listed construction and facilities management company Carillion PLC on Tuesday said it performed in line with its expectations in the first half of 2015 and said its forecasts for the full year remain unchanged.
The company said it has seen a significant year-on-year improvement in revenue in the half, with good progress made on contract mobilisations. It said it remains on track to deliver a robust rise in revenue for the full year and said its profit and earnings are both in line with its expectations.
Carillion added its order book and pipeline of opportunities remains strong, despite the impact the UK General Election had on public sector contract awards made in the first half.
In a separate statement, Carillion said it has won a GBP80 million contract with FTSE 100-listed oil company BP PLC to build the operational base and accommodation complex for the Khazzan gas project in Oman.
Carillion Alawi, the company's local unit, will construct the accommodation facilities, with work due to start in September 2015 and set to complete in mid-2017.
By Sam Unsted; [email protected]; @SamUAtAlliance
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