Finance News – Page 117
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NewsT&T eyes 15% growth this year
Turner Townsend is likely to grow 15% this financial year, the consultant’s UK managing director Steve McGuckin has told delegates at the Mipim
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NewsMiller back in the black after strong year
Miller has returned to profit after posting a solid set of results with a record increase in its construction order book
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NewsOpal Group companies placed in administration
Administrator appointed to 13 student accomodation and professional letting companies in the Opal Group
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NewsAdministrator appointed to Ocon Construction
Accountant Mazars to oversee administration of £41m-turnover contractor
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NewsBalfour Beatty to slim down to £2.5bn business
Balfour Beatty UK construction boss says he expects revenue to fall by 20% this year as UK construction business withdraws from ‘uneconomic’ jobs
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NewsAstudio targets Asia with Hong Kong office
Building’s 2012 Architect of the Year to open business that will target high-end commercial projects
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NewsISG boss says margins will remain tight
Firm to concentrate on framework deals and repeat business in ‘very competitive’ construction market
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NewsBalfour Beatty to sell European rail business
Contractor exits mainland Europe as profit falls 70%
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NewsInfrastructure and repeat orders boost Costain
Contractor posts strong results with pre-tax profit up 9%
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NewsISG construction edges into profit on margin of 0.2%
ISG’s UK construction business has posted an 18% rise in revenue to £280m, with margin of 0.2% generating profit of £700k
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NewsAecom confirms second Lend Lease buy
Consultant confirms acquisition of Lend Lease’s Russian project and construction management arm
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NewsOverseas growth doubles Keller profit
Groundworks giant posts strong results thanks to international expansion
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NewsKier targets leaner office network
Kier boss says £12m restructure will involve the consolidation of its extensive regional office network
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NewsSkanska spends £18m on Atkins division
UK arm of Swedish contractor buys highways services business
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NewsSeverfield-Rowen launches £48m rights issue
Troubled steel contractor looks to raise cash after £19.4m loss
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NewsKier starts £12m restructuring programme
Contractor reports six month profit slump by more than a third
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NewsHousebuilders report strongest market since 2008
Barratt, Persimmon, Bovis and Redrow boast hikes in pre-tax profit, as NewBuy ‘fires on all cylinders’