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Costain Says On Track For 2015 As Order Book Hits Record Level

25th Jun 2015 06:54

LONDON (Alliance News) - Engineering services company Costain Group PLC on Thursday said it remains on track to meet its expectations for the full year.

The company said it has secured further new contracts and extensions in the first half of 2015 and said its order book has hit a record level of GBP3.7 billion, up from GBP3.2 billion at the end of 2014.

The contracts secured include the development of the M4 corridor, the underground link between Crossrail and the Bakerloo line platforms at London's Paddington Station and two sections of the A14 improvement scheme.

The group added it has maintained a strong preferred-bidder position of GBP500 million and that tendering activity remains high.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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