Finance News – Page 80
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NewsConstruction profit warnings hit two-year high
Firms paying the price of low margins, says accountants EY
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NewsChina primes £100bn to invest in UK infrastructure
UK infrastructure set to be boosted by investment from the East, according to new report
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NewsMorgan Sindall hit by problem contracts
Firm issues profit warning after problems on ‘small number’ of construction contracts in London and South-east
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NewsArcadis boosted by acquisition spree
Consultant sets out how takeovers of Hyder and Callison will translate into full-year profit and revenue growth
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NewsProfit at housebuilder Cala soars
Housebuilder ups land bank, with £4.7bn development pipeline, as pre-tax profit more than doubles
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NewsAecom completes £2.3bn acquisition of URS
Combination of US giants creates a consultant with £11.1bn of annual revenue
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NewsAecom's £2.3bn URS deal to complete today
Nearly half of shareholders in US engineer vote to get paid in cash from Aecom takeover deal
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NewsBellway hints at growth plans after 21% rise in homes built
Finance director says housebuilder could rise to top tier of its peers and double number of units produced
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NewsHouse building spurs growth in SME sector
Federation of Master Builders warns the industry remains well below pre-recession levels
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NewsRobertson Group shelves float plans
Chair of the group says it needs to achieve “higher profitability” before going onto the stock market
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NewsMears buys Omega Group in £40m deal
Mears plots further growth in the social housing market as it acquires property management firm
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NewsBalfour Beatty picks new chief executive
Troubled contractor names former boss of defence technology firm as new group CEO
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NewsMajor concrete pumping firm closes
Professional Concrete Pumping has ceased trading and will not be sending any further machines to sites across the UK
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NewsSIG sells renewable heat business for £1
Product supplier blames slow uptake of government’s renewable heat subsidy scheme for sale
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NewsBellway Homes posts record results
Housebuilder reports sharp rise in revenue and profit on the back of strong growth in housing market
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NewsBalfour Beatty warns of risks of failure to sell Parsons
If shareholders fail to back sale of consultant, Balfour says it could come close to breaching its banking covenants
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NewsEurozone woes hit construction product exports
Construction Products Association survey reveals drop in demand abroad, but UK sales continue to rise
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NewsBalfour Beatty sinks to new low
Contractor’s share price continues to fall following profit warnings, with firm’s market cap sinking lower than the estimated value of its PPP portfolio