30th Jun 2008 07:00
Costain Group PLC
("Costain" or the "Group")
Trading Update
Costain will be announcing interim results for the six months ended 30 June 2008 on 27 August 2008. Ahead of entering the related Close Period, the Group is issuing a brief trading update.
Since the announcement of the Group's Interim Management Statement on 8 May 2008, the Group is continuing to perform in-line with the Board's expectations.
Costain has secured a number of significant new orders since the beginning of the year and the Group's Forward Order Book today stands at in excess of £2 billion, which is a record level.
Costain is benefiting from the combination of a strong cash position and the stability and focus provided by its 'Being Number One' strategy. The Group's blue chip customers in its key targeted sectors are continuing to implement their investment programmes as evidenced by the current order book.
The Group will be hosting a project visit for analysts on 14 July 2008. No new material information will be disclosed and copies of all presentation materials will be posted on www.costain.com that day.
30 June 2008
ENQUIRIES:
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Costain Group PLC |
Tel: 01628 842 444 |
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Andrew Wyllie, Chief Executive |
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Tony Bickerstaff, Finance Director |
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Graham Read, Public Relations |
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College Hill |
Tel: 020 7457 2020 |
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Mark Garraway |
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|
Adam Aljewicz |
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