City

Kier stays on track with new contract wins

Kier says its performance so far this year is in line with expectations, with its construction business being boosted by an improved market in both the Caribbean and the Middle East.

Galliford Try expects to outdo expectations

Galliford Try says it has been making such strong progress this year, particularly in house building, that it now expects to report a full-year profit of at least £92m, some £2.3m above market expectations.

Speedy's international problems hit profits

Full-year revenue at Speedy Hire has risen by 2.9% to £349.7m, but a £4.3m loss made by its scandal-hit international business has caused pre-tax profits to fall by 4.6% to £14.6m.

Henry Boot sees improvements all around

Henry Boot says it is seeing strong growth in all its divisions and now easily expects to meet market expectations with its full year results.

Interserve 'winning in the UK and the Middle East'

Interserve says it is trading within current market expectations, as it wins significant new projects in the UK and the Middle East.

Morgan Sindall sees construction order book rise 4%

Morgan Sindall says the committed order book for its construction business was up by 4% at the end of the first quarter to £1.6bn.

Carillion expects return to growth in 2014

Carillion says it expects to return to increasing revenue by the end of this financial year, including in its UK construction business, although in the meantime revenue will continued to be subdued because of ongoing restructuring.

Costain off to strong start in 2014

Costain says it has got off to a strong start in 2014, with its order book now at a record level of £3.2bn, £200m ahead of where it was at the start of January.

Beard sees profits rise by 21%

Regional contractor Beard saw pre-tax profits rise by 21% to £1.7m last year, on revenue that was up 12% to £77.3m.

Galliford Try's northern division set to make £60m in 3 years

Galliford Try Parternship’s northern division looks set to double its turnover from £30m to £60m in the next three years, its managing director is claiming.

Henry Boot sees full-year profits rise by 37%

Henry Boot says a focus on the long term and a recovering development industry has helped it post a 37% increase in pre-tax profits for 2013 to £18.4m, on the back of a 49% rise in revenue to £153.8m.

Budget pays for pothole repairs - with stamp duty hike

George Osborne has promised an extra £200m will be made available for local authorities to bid for pothole repairs.

Speedy shares hit by profits warning

Shares in Speedy Hire have fallen by nearly 17% after the company, which has only just been through a financial scandal, said its profits for this year would be lower than expected.

BB 'not out of the woods yet'

Challenging conditions in UK construction and a downturn in Australia have led Balfour Beatty to report a 29% fall in underlying pre-tax profits to £203m last year.

Interserve sees profits rise as it acquires Initial

Headline profits at Interserve rose by 7.7% last year while revenue grew by 12% to just under £2.2bn, as it claims its policy in construction of focusing on repeat business is paying off.

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Features

2015-03-25 13:02

Stuart Thomson, public affairs consultant, and Dougal Ainsley, solicitor at Bircham Dyson Bell discuss the changing face of the procurement process

2015-03-25 12:49

Phil Harrison, managing director at Wates Construction discusses if Birmingham could be the next boom town when it comes to construction

2015-03-09 13:18

Is e-learning the solution the construction industry needs to help revolutionise safety and awareness training? Jeremy Melhuish investigates

2015-03-09 13:08

For National Apprentice Week, the CEO of Nylacast, Mussa Mahomed, tells us why he believes apprentices are the future

2015-03-09 12:54

Glen Irwin, MEP & sustainability manager at Stepnell looks at the factors influencing the lack of progress in the retrofit industry

2015-02-24 12:16

The construction industry’s reluctance to use digital technology is retrogressive and unrealistic… but things are starting to change, says Benjamin Dyer of Powered Now

2015-02-24 12:13

Tracey Jackson from Howells Patent Glazing says the firm is aiming high when it comes to the year ahead

2015-02-11 11:54

Gillian Econopouly, head of policy and research at CITB believes more still needs to be done to address the skills shortage

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