Costain puts problem jobs behind it and returns to black

By Dave Rogers2021-08-25T07:40:00

Firm overhauled bidding strategy after three jobs blew hole in last year’s numbers

Costain returned to the black in the first six months of the year after three problem contracts blew a hole in its accounts last time.

The firm posted a pre-tax profit of £9.1m in the half year to June following the £92.3m loss it racked up for the same period in 2020. Revenue was up 21% to £557m.

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