Costain

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As the country enters the second week of the UK general election campaign trail, 12 Tier One UK infrastructure and construction contractors and consultants have shared 12 recommendations that the future government should implement to effectively boost the UK’s economic growth and productivity

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Smart infrastructure solutions company Costain has appointed Helen Willis to its board as chief financial officer with effect from November 30. Ms Willis will join Costain on November 23 to commence a handover prior to taking up her position.

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Costain slumped to a pre-tax loss of £92.3 million during the first half of this year following problems with a National Grid project in the East Midlands and a road building job in Wales. The firm said the loss, which follows an £8.4m profit last time, reflects the previously

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The accountancy failures surrounding the collapse of Carillion are costing other firms with government contracts millions of pounds in annual audit fees.

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Sue Kershaw has joined Costain as managing director of its transportation division where she will be responsible for the highways, rail and aviation sectors. Ms Kershaw will join the group’s executive board and report to Alex Vaughan, chief executive officer.

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Smart infrastructure solutions company Costain said it remains on course to deliver a full year performance in line with its revised expectations despite a plunge in first half profits. Contract delays and project cancellation saw pre-tax profits fall by 58% to £8.4 million in the six months e

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Costain has revealed that its half-year results will be lower than expected due to a number of delays and a cancelled project. In a trading update ahead of announcing results for the six months ended 30 June 2019 on August 21, the smart infrastructure solutions company said trading on current contra

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Infrastructure solutions company Costain has appointed Steve Carter as a project director in Aberdeen. Working within a 70-strong upstream team based at the firm’s offices in Carden Place, Mr Carter will help deliver offshore and onshore engineering projects across the lifecycle of oil and gas

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Andrew Wyllie CBE is to leave Costain after 14 years as CEO of the company. Current managing director of the group’s natural resources division Alex Vaughan will be appointed as CEO with effect from the conclusion of the company’s AGM on May 7.

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Costain’s ongoing transformation into a “smart infrastructure solutions company” is continuing to pay dividends after the firm reported another strong performance with an 18% increase in underlying operating profit to £49 million. Revenue, including share of joint ventures and associates, inc

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