Problem jobs send Costain nosediving into red

By Dave Rogers2020-09-14T06:58:00

Firm racks up £92m loss in half year

Costain slumped to a £92m loss in the first half of this year as the firm counted the cost of problem contracts dogging the business.

The company had been forced to delay its interim results by nearly four weeks as it awaited an arbitration decision on a problem road job in south Wales.

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