Finance News – Page 35
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Carillion appoints EY to help with strategic review
Troubled contractor says review will “focus upon cost reduction and cash collection”
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Skanska to take £81m writedown hit
Contracting giant says around £33m relates to work in the UK
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Carillion's shares continue to slide
Embattled contractor’s shares fall to 55p, as market continues to digest Monday’s £845m provision announcement
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Keltbray's profit soars, but London is cooling
Keltbray is targeting work on the government’s large infrastructure projects and work outside of the capital
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Carillion issues profits warning, CEO resigns
Contractor takes £845m contract provision, suspends dividend for the year, and kicks off a ‘comprehensive review’ of the business
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New WYG chief wants to double business and boost margins
McCormick eyes a mix of organic growth and acquisitions as pre-tax profit slips to £1.6m
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Kier hit by £73m of writedowns
Construction group expects further costs from the closure of its Caribbean business
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Atkins shareholders approve merger with Canadian giant
More than 83% of Atkins shareholders voted in favour of the buyout by SNC-Lavalin
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Kier’s £412m project wins lift it to top of contractor leagues
Firm racks up 551 projects over the year, pushing Balfour into second place
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RLB wants UK work to take 25% slice of its global activity
Consultant also aiming for one-fifth increase in group revenue in four years, says director
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Berkeley profit up 50% but housebuilder warns of 'uncertainty' over Brexit
Chairman Tony Pidgley says Brexit and policy changes are hitting housing starts in London
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Atkins sees turnover hit £2bn
The firm is due to merge with Canadian engineer SNC-Lavalin next month
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Alinea sets sights on international expansion
Consultancy looks abroad as end-of-year results show growth beyond London base
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Bellway sees robust growth despite election
The housebuilder, however, admitted the outcome of the general election had created some uncertainty around the government’s housing policy
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Severfield pushes on with plans to enter Europe
Steel specialist makes Netherlands hire as it reports near-doubling of profit
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Imtech UK and Ireland sold to EDF JV
The M E firm was acquired by private equity firm Endless from Royal Imtech in 2015
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WYG appoints Douglas McCormick as CEO
As it reports revenues up 14%, consultancy group names successor to Paul Hamer