Finance News – Page 187
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NewsStyles & Wood halfway through recovery plan
Fit-out firm climbs out of trouble as order book swells - but market remains tough
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Share price plummets as Archial seeks bank help
Listed architect Archial lost two-thirds of its market value last week after it admitted seeking help from its banks to pay its tax bill
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Carillion ups profit by 17%
Carillion increased pre-tax profit by 17% to £59m in the six months to 30 June and said it was hopeful government outsourcing work would help boost its numbers in future.
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Turnover down but orders up 30% for electrician T Clarke
Turnover and profit at electrical contractor T Clarke fell in the six months to 30 June but its order book rose by a third
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NewsBouygues cuts 2400 jobs after 'brutal' recession in Europe
French contractor’s road business is particularly hard hit by European public spending cuts according to reports
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NewsMouchel upbeat as it appoints new finance director
Consultant shrugs off financial woes – medium and longer-tern outlook is positive, it says
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NewsMcInerney's troubles continue with £14m loss
No let-up for Irish housebuilder as it struggles to restructure business
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NewsAnshen + Allen bought by Canadian consultant
Healthcare architect to team up with multi-disciplinary firm Stantec
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NewsRok bags £40m emergency repairs job
Insurance giant AXA signs up contractor to provide emergency home repairs for customers
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NewsBAM UK profits rise on falling revenue
Earnings at Dutch giant up a third to €20.6m despite BSF woes
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T. Clark profit drops 20% in 'tough' environment
Services group sees half yearly revenue and profit fall but order book expands by a third
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NewsCrest banks start £500m debt talks as bid hopes die
Housebuilder may seek fresh capital as it parts ways with deal adviser Morgan Stanley
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NewsCitywatch: Double trouble spooks the markets
The spectre of the dreaded double-dip hangs heavily over the housebuilding sector, despite two positive interim results this week
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NG Bailey posts £19.9m profit but remains cautious
Family-owned M&E contractor NG Bailey has moved back into the black despite a 23% fall in annual turnover to £464m from £600m
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Rok boss fury at £6.4m loss
Rok boss Garvis Snook said he was “furious” after repeatedly being assured that a division which eventually suffered a £6.4m loss was doing fine
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£5.7m of bad foreign debt hits Waterman share price
Engineering and environmental consultant Waterman has said it will be hit by up to £5.7m of bad debt in 2010
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NewsUrban Splash loses £10.3m after ‘tough’ year
Developer Urban Splash lost £10.3m during “another tough” year, which has forced it to keep sitting on several mothballed sites
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NewsStyles & Wood predicts return to profit this year
Fit-out firm reports on healthiest month for two years and says it’s optimistic about the future
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NewsNorth Midland's utilities work helps push profit up 49%
Contractor’s pre-tax profit soars to £2m as volumn of work from telecommunications increases
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NewsCarillion improves margins and ups profit by 17%
Contractor reaps benefit of focusing on higher margin support services work rather than construction