Finance News – Page 205
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Citywatch results just in
The results season kicked off in earnest this week with six major players reporting, on the whole, an optimistic picture of the construction industry
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Fall in commercial work causes 84% profit plunge at Waterman
The fall in private commercial work has hit the bottom line at engineering and environmental consultant Waterman
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Telford unveils £7.5m warchest
East London housebuilder Telford Homes has announced a £7.5m share placement to fund private housing
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Bam to shake up board after UK chief executive retires
Richard Gregory will retire as chief executive of Bam Construct on 1 April
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Steel prices set to continue to rise
British Constructional Steelwork Association says steel contractors won't see a recovery is not expected till 2011
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WYG's revenue plummets 20% to £115.2m
Engineering consultant's turnover slips as it posts pre-tax loss of £4.6m
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Redrow's revenue jumps 25%
Half year results show revenue at housebuilder climbing to £187.2m as legal completions rise 21.5%
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Kier's revenue falls to £989m
Construction division hit worst with expected revenue reduced by 14.6%
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Travis Perkins' profit slumps 11%
Chief executive describes trading conditions as 'most difficult' in group's history
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Low land prices lead Galliford Try to £6.4m profit
Turnover and completions down but housebuilder increases landbank
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Gleeson enjoys modest recovery
Housebuilder posts £0.3m profit but downplays return to confidence
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Barratt cuts pre-tax loss to £127.4m
Higher selling prices boost housebuilder's operating margin
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Nakheel finance boss leaves amid spate of redundancies
Parent company Dubai World due to present repayment plan for $22bn of debt to creditors next month
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Minerva profit bounces back
Developer posts half-year profit of £45.6m and sees value of investments rise by almost 10%
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Morgan Sindall profit falls 28% to £45m
Strong growth in infrastructure partially offsets sharp falls in revenue at fit out and regeneration divisions
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VT Group considers cash payout to shareholders
Analysts says VT could return £230m to shareholders in attempt to beat off Babcock's takeover offer
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Babcock maintains interest in VT
Support services group says merger with reluctant target would benefit both companies and improve capability across infrastructure, equipment support and training sectors
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‘Here’s £50m: now go forth and multiply’
SME profile Kinetics is the result of an unlikely marriage between social housing and turbo capitalism
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Citywatch: Back home
Steve Morgan, the returning chairman of Redrow, kept journalists, analysts and investors entertained last week with his take on the planning system, Tory housing policy and the reasons he bought his firm back last year
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Telford Homes plans £7.5m share issue to fund private development
Housebuilder says 2012-linked regeneration provides good opportunity to build in east London