Finance News – Page 196
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Gleeson says market is ‘stable’
MJ Gleeson, the housebuilder and strategic land specialist, has said that its strong balance sheet enabled the payment of a special dividend of £7.9m in March 2010
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Costain and Skanska scoop second £15m Crossrail job
A joint venture between Costain and Skanska has won its second enabling works contract on Crossrail
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Telford reports rising sales in East London
Housing group reports 10% increase in profit in ’extremely encouraging’ market
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Shaftesbury profits from booming West End
Property group’s restaurants and shops benefit from rise in overseas visitors
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NewsCrest gives Horizon three-week deadline
Horizon has three weeks to come up with an offer for Crest Nicholson according to reports
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NewsBSS profits fall 24% in 'toughest year'
But materials firm reports strong start to 2010 and reveals plans to open 18 new branches
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NewsChancellor to cancel £1.7bn of contracts
Cuts also to include £27m from Olympics Delivery Agency and £150m from Labour government’s housing pledge
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NewsExclusivity deal thwarts Crest Nicholson suitors
Bids for troubled housebuilder from array of potential buyers are blocked by Horizon agreement
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NewsKier pays £7m for recycling firm as diversification starts
Firm shows intention to move away from core business after scooping up Pure Recycling
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Tribal Group on course to meet 2010 revenue targets
Public sector consultant Tribal Group, which owns architect Nightingale and social housing consultancy Hacas, has reported that secured income has risen since the start of the year
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Mitie turnover up
Outsourcing specialist Mitie has reported a strong increase in turnover, taking profits to £93m for the year ended 31 March 2010
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North Midland’s rise
Profit at contractor North Midland Construction rose by a third in the first quarter of 2010 to £600,000 on turnover of £38m
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AFR stops losses
Aukett Fitzroy Robinson has revealed a 75% drop in half-year losses compared with last year
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Waterman takings dip
Engineering and environmental consultant Waterman Group expects end of year profits to be at the lower end of forecasts after revenue dipped in the third quarter of the financial year.
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Travis sales boost
Builders’ merchant Travis Perkins says turnover is up 2.2% in the four months since 31 December 2009
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London leads rise in workload, RICS survey shows
Regions report modest rises, but the North and Scotland flounder
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Land Secs makes £1bn profit
Developer recovers from last year's £5.1bn loss and says £300m Walkie Talkie project is back on track
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Completions boost helps Gleeson to strong cash balance
Trading is 'stable' but awaits return of mortgage availability
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North Midland Construction profit jumps 33%
Contractor posts Q1 profit but building subsidiary makes £21,000 loss
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Tribal income rises 28% but Nightingale still up for sale
Consultant says it is ready to make most of outsourcing opportunities in public sector