All Finance articles – Page 202
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Rok issues profit warning
Firm blames severe weather conditions at beginning of year for weak maintenance and improvements performance
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John Laing struggles to raise equity for PPP in downturn
Adrian Ewer, chief executive of PPP specialist John Laing, has said it has had difficulty raising equity for its investments during the downturn
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Restructuring takes the shine off Connaught’s results
Pre-tax profit at social housing contractor Connaught fell 13% to £10.7m in the six months to the end of February as it was hit by £10m of restructuring and acquisition costs
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Rivals circle Crest as merger talk intensifies
Persimmon and Galliford Try were this week believed to be running the rule over Crest Nicholson, which has been effectively put up for sale by the 40 banks that own it
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Mears wins biggest ever deal
Social housing maintenance firm Mears has won a £300m 10-year deal with registered social landlord Family Mosaic – the biggest win in its history
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Redrow and Persimmon beat expectations
Housebuilders Redrow and Persimmon boosted the market this week with trading updates that allayed fears of a serious election slowdown in home buying
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BAM bets on civils despite record construction turnover
UK division delivers construction revenue of £1.1bn, but focus turns to rail, waste, roads and energy
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Lindum revenue falls 23%
Lincolnshire-based contractor Lindum Group has posted a 23% fall in turnover in the year to 30 November 2009 from £87m to £67.4m
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Balfour Beatty sells health and water PPP stakes for £21m
Balfour Beatty has raised more than £21m through the sale of its PPP stakes in Aberdeen Environmental Services and Consort Healthcare
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Warings boosts profit to £1.5m despite 19% turnover drop
Warings, the South Coast subsidiary of French contractor Bouygues, has posted a 19% drop in turnover from £98.8m to £80.1m in the year to 31 December 2009
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BAM posts record construction turnover for 2009
But UK firm plans to counter public spending cuts with refocus on civils work
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Taylor Wimpey has cut debt by £90m in 2010
But shareholder group pushing to reject chief executive’s remuneration package at AGM today
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Construction 'stuck in recession till 2011'
Construction Products Association report says industry is lagging behind the UK economic recovery
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Balfour Beatty sells stakes in two PPPs for £21m
Contractor sells interests in Aberdeen Environment Services and Consort Healthcare
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Construction decline holds back UK economy
Nominal growth of 0.2% is hampered by decrease of 0.7% in construction sector
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Native Land continues to mark out its territory
SME profile: Fledgling developer behind Rogers’ NEO Bankside returns to buying up London’s land
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Ian Tyler still best value boss as bonus row escalates
Balfour chief executive praised for 2009 success as shareholders complain of ‘excessive’ rewards
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Emcor returns to profit despite 10% drop in turnover
M&E contractor Emcor posted a 10% drop in turnover to £320m in 2009, although pre-tax profit was up to £11.2m from £10.9m
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Construction insolvencies on the decline
Report by Experian shows insolvencies are 5% down in March compared to last year