All articles by Angela Monaghan – Page 24
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£27m dent in Alfred McAlpine’s annual results
Contractor Alfred McAlpine took a £27m hit in 2004 because of losses on two construction contracts, problems in its utilities business and general restructuring costs
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John Laing’s profit rises to £25m on back of PFI market
Support services firm’s core divisions turn in good results including £6.4m profit from sale of roads PFI stake
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Miller posts healthy figures but margins are ‘too thin’
Scottish firm posts pre-tax profit of £52.5m, a rise of 31%, with housing division performing best
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ISG poaches two directors from Miller
Contractor ISG InteriorExterior has poached two senior directors from rival Miller Construction to boost its national presence
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Ronson and Callcutt square up
Housebuilder Crest Nicholson was this week forced to take its row with Heron International over a hostile takeover bid into the public arena
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Prescott produces master strategy for Thames Gateway
ODPM document sets out pre-election delivery plan as Livingstone announces arrival of Crossrail
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Mowlem finance boss’ outburst shocks city
Mowlem’s outgoing finance director Gerry Brown shocked investors and analysts at a post-results briefing by launching a tirade against the press and City
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Data centre market reboots after dotcom crash
Research by property company CB Richard Ellis finds 25% increase in demand for server farms
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City responds cautiously to Taylor Woodrow results
Housebuilder reports 30% rise in pre-tax profit but analysts note ‘disappointing’ UK performance
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Galliford Try boss aims high in housing and construction
New chief executive Greg Fitzgerald plans to double construction turnover and housing output by 2010
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Persimmon makes 50% dividend increase
Persimmon this week backed up its bullish view of the housing market by increasing its full-year dividend 50%, outstripping City expectations
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Buro Happold elects chairman for new era
Engineering consultancy Buro Happold is set for a new era with the election of Rod MacDonald as chairman
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Wimpey defies City fears with 19% profit hike
Volume housebuilder reassures the City with strong annual results and signs of cautious upturn in UK market
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Bovis’ £40m profit boosts parent Lend Lease
Contractor Bovis generated more than half the profit of its Australian parent, developer Lend Lease, in the six months to 31 December
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Jarvis banks to sell £250m of debt to US syndicate
Group led by Bank of America buys debt at a reduced price with the option of obtaining a sharehold in the firm