Finance News – Page 198
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Cement and aggregate sector calls for government investment
Mineral Products Association reports fall in cement, gravel and mixed concrete sales in first quarter of 2010 and urges investment to create economic growth
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John Sisk on course to double turnover in 2010
Wins including 2012 athletes village and Pembroke power station lead to predicted revenue of £300m
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T Clarke sees 'early signs of recovery'
Trading statement from electrical contractor says commercial sector should boost group's revenue from mid 2011
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Leadbitter will refocus to combat public sector cuts
Turnover rises to £337m as contractor plans to target mid-range hotel, food retail and affordable housing
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Aldar reveals £55m first quarter loss as UAE slump continues
Abu Dhabi developer Aldar Properties posted a £55m loss for the first quarter of the year in results that were worse than analysts’ forecasts.
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Rok issues profit warning after poor maintenance performance
Rok has issued a profit warning on the back of a weak performance by its maintenance and improvements division.
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McDonough: why cuts will be good for Carillion
Building’s Chief Executive of the Year expects outsourcing megadeals to add to £18bn order book
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NewsMorgan Sindall makes "good start" to 2010
Chairman John Morgan says work on larger projects is picking up
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NewsCostain looks to blue chip firms to sustain growth
Group contracts bolster record £2.6bn order book
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NewsCarillion boss aims to reduce UK construction turnover
At Carillion’s AGM chairman Philip Rogerson said the firm is “making good progress” in reducing its UK construction business
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NewsActivity rises for second month in a row
Latest survey from Chartered Institute of Purchasing and Supply shows consecutive increases, with housing demonstrating strongest growth
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NewsCRH struggles to recover from bleak mid-winter
Building materials sales fell 23.5% in the first two months of the year
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NewsRobert McAlpine to focus on schools work
Contractor makes announcement after a £200m drop in turnover
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NewsAldar posts £55m first quarter loss
Abu Dhabi developer fails to meet forecasts, blaming the performance on the UAE’s weak property market
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NewsRok issues profit warning
Firm blames severe weather conditions at beginning of year for weak maintenance and improvements performance
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NewsRivals circle Crest as merger talk intensifies
Persimmon and Galliford Try were this week believed to be running the rule over Crest Nicholson, which has been effectively put up for sale by the 40 banks that own it
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NewsRedrow and Persimmon beat expectations
Housebuilders Redrow and Persimmon boosted the market this week with trading updates that allayed fears of a serious election slowdown in home buying
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John Laing struggles to raise equity for PPP in downturn
Adrian Ewer, chief executive of PPP specialist John Laing, has said it has had difficulty raising equity for its investments during the downturn
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Mears wins biggest ever deal
Social housing maintenance firm Mears has won a £300m 10-year deal with registered social landlord Family Mosaic – the biggest win in its history