Finance News – Page 203
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NewsPrivate equity firm 3i runs the rule over Connaught
Sources confirm 3i has looked at takeover but no deal is imminent
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Bam bags the February top spot with Somerset schools win
Business barometer Education continues to be construction’s lifeblood as workload picks up
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Rok on hunt for small M&E firm
Repair and maintenance specialist Rok is looking to bring more work in-house by buying small plumbing, heating and engineering companies
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Bovis Homes to buy land
David Ritchie, the chief executive of Bovis Homes, said the housebuilder would focus on buying land in 2010 in order to get more sites open.
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Calas losses improve
Scottish housebuilder Cala Homes this week reported a pre-tax loss of £33.9m on turnover of £168.9m for the year ending 30 June 2009
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Crosby Homes sales rise
Lend Lease housebuilding subsidiary Crosby Homes has reported improved sales in the first half of its financial year from July 2009
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NewsBrown announces date of pre-election Budget
Prime minister says the Budget will be in two weeks and warns of risks in cutting public spending 'recklessly and rapidly'
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NewsCostain exceeds £1bn turnover for first time in 16 years
Construction group also reports record year-end order book
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NewsUK and Middle East wins push Interserve to £89.2m profit
Building Group results buoyed by contracts in UAE, Qatar and Preston
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NewsISG's profit drops 61% to £2.4m
Forward orders down at fitout specialist with overseas operations hit but London market performing well
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NewsRok profits jump to £17m after shift from new build
Profitable repair and maintenance work helps offset steep drop in new build activity
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NewsBovis Homes posts £4.8m pre-tax profit
Housebuilder overcomes last year's £78.7m pre-tax loss on the back of £281.5m turnover
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NewsValue of Urban Splash halved after ‘humbling’ year
Developer that epitomised the New Labour ‘urban renaissance’ admits to fighting battle for survival
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Citywatch: Our lips are sealed
The results of Persimmon and Taylor Wimpey, two of the UK’s largest housebuilders, came in on target this week, but were more notable for what they didn’t say than what they did
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WSP mulls ‘transformational’ acquisition
Chris Cole, chief executive of WSP, has said he would “not count out” making a “transformational” acquisition, amid speculation that the consultancy sector will go through a period of consolidation this year
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Keller blames big freeze and depressed markets for profit fall
Groundwork specialist Keller has said the poor weather conditions in Europe and the US over the first two months of the year will hit its 2010 results
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Hamer: WYG is back in business
Paul Hamer, chief executive of consulting engineer WYG, has spoken of the “huge difference” its restructured balance sheet has made when bidding for work
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Kingspan sales slump
Turnover at building materials group Kingspan fell from £1.5bn to £1bn in 2009
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Morgan Sindall
Last week we reported that contractor Morgan Sindall reported a 28% pre-tax loss