All Finance articles – Page 291
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News
Gammon scoops £320m Hong Kong contract
Contractor, half owned by Balfour Beatty, to build government complex by 2011
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Bovis Homes' reservations down 19%
Housebuilder becomes latest to issue gloomy forecast for 2008, predicting 29% drop in pre-tax profit
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NewsInterserve boasts 'very strong' trading in 2007
Forecast is for £66m pre-tax profit and £1.74bn turnover for last year, ahead of releasing full-year results in March
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Fusion strengthens position in UK market
Irish steel frame building group Fusion Building Systems has bought Framing Solutions to create a new £30m-turnover company.
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Job loss fears as Vinci prepares to buy contractor in Wales
Staff at the Bristol office of regional contractor Stradform are said to be concerned for their jobs amid speculation that Vinci is poised to buy it.
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NewsConstruction industry is ‘on brink of recession’, says report
The Construction Products Association and Experian have downgraded growth in output this year to 1.1%. The CPA has also warned that this is ‘vulnerable to significant downside risks’
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NewsNG Bailey continues to diversify
NG Bailey has continued to steer away from traditional M&E contracting by purchasing S2S, an IT infrastructure security business.
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NewsMiller dispute drags on amid downturn in housing market
Chief executive attacks ‘poor timing’ of rebel shareholders as reservations slump 30%
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Carillion sets February date for Alfred McAlpine takeover
Alfred McAlpine will officially become part of Carillion on 12 February if the £572m takeover proceeds as planned.
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NewsConstruction firms ‘will take credit crunch hit’ in 2008
Insolvencies tipped to increase in building firms this year, say reports into trading prospects
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NewsOcon boss aims to double turnover to £195m
Ocon Construction, a Manchester contractor, has appointed a managing director to more than double turnover at the group over the next five years.
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NewsInterest rates held at 5.5%
The Bank of England offers no short term relief for housebuilders suffering from the effects of the market slowdown
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Ocon posts first major profit
Manchester housing contractor announces plans to double turnover in five years as it reveals 12-month profit of £1.6m
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NewsMears profit forecast to rise 37%
Social housing contractor announces record order book of £1.4bn as City forecasts £16.84m profit for 2007
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NewsHousing reservations down 9% at Redrow
Housebuilder says market was ‘significantly’ more challenging in last six months of 2007
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NewsStrong civils performance keeps Costain on track
Group reports a ‘significant’ recovery in profitability over 2007 as building division makes steady progress
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NewsSpeedy Hire buys Amec equipment hire arm
Tool hire firm acquires Amec Logistics and Support Services for £12.5m
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NewsAlfred McAlpine wins £350m of new contracts
Recent wins include financial close on £30m Derbyshire Healthcare PFI
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NewsProfitable Rok starts year with £3m acquisition
City predicts profit increase of 58% for Rok as it buys Scottish M&E contractor Pitkerro
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NewsLower demand hits Persimmon order book
Forward sales for 2008 fall 13% as housing slowdown begins to bite