Carillion cautions on Mowlem write-downs

Chris Girling, Carillion finance director

The Carillion board this week said that it could not guarantee it would not make further write-downs on Mowlem, on top of the £120m it has already wiped off the balance sheet.Carillion is now undertaking a thorough review of the Mowlem business, after it completed the £313m takeover two weeks ...

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