Costain profit and margin up despite 18% fall in turnover following HS2 reset

By Tom Lowe2025-08-20T10:02:00

Alex Vaughan says firm is on track to meet 4.5% margin target by end of the year

Costain’s profit rose by 7% over the past six months despite scheduling changes at HS2 contributing to an 18% fall in turnover.

The firm reported pre-tax profit of £18.2m, up from £17m in the same period last year, while its operating margin jumped from 2.5% to 3.2% and is expected to hit its run-rate target of 4.5% in the second half of the year.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community