Finance News – Page 214
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G&T: Toughest 12 months in our 169-year history
Despite 7% rise in turnover, profit drops 15% at consultant after fee freefall in late 2008
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Telford glimpses upturn in east London housing market
Andrew Wiseman, chief executive of Telford Homes, has reported a “positive shift in sentiment” in the east London housing market
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NewsCyril Sweett revenue falls £8.3m
Interim results claim strong balance sheet and minimal debt despite £2m fall in pre-tax profit
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NewsInterserve banks £200m HSBC contract
Interserve will deliver FM services at over 1,600 retail and 120 office sites including Canary Wharf
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NewsDubai and Abu Dhabi stock markets nosedive as trading reopens
Shares in UAE slump in first hours of trading since Dubai World revealed it needed an extension on repaying debts
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NewsWorld markets rattled by Dubai debt delay
Investment company's decision to seek debt freeze triggers fall in property shares
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NewsCapita Symonds profit up 3%
Profit at Capita Symonds edged up 3% in the year to 31 December 2008, with most of the top-line growth in the UK market
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NewsRenew turnover down 19% as focus shifts to engineering
Chief executive plans to gain half of turnover from nuclear, rail, water and land remediation by 2012
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Arup suffers 5% fall in profit and warns of tough year ahead
Arup has reported a 4.9% drop in pre-tax profit as a result of narrowing margins
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Midlands contractor Anglo Holt’s turnover dips 27%
Medium-sized West Midlands-based contractor Anglo Holt has blamed the recession for a 27% drop in turnover for the year to 30 April 2009
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Styles stabilising
Styles & Wood’s latest trading update said there were “some signs of stabilisation” in the retail fit-out and refurbishment market
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Waterman picking up
Consulting engineer Waterman said it was seeing signs of recovery in Australia while trading elsewhere was in line with expectations
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WYG encouraged
Consulting engineer White Young Green has said there are “some encouraging signs” in a trading update
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Atkins commits to Middle East as turnover remains steady
Atkins has reiterated its long-term intention to stay in the Middle East, despite the region’s current liquidity problems
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Grimshaw Architects profit halves to £1.7m
Pre-tax profit at Grimshaw Architects plunged by almost half in the year to 30 April 2009, the practice reported this week
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NewsCity gives new Kier boss seal of approval
Appointment of Paul Sheffield to succeed John Dodds not seen as ‘major departure’ for contractor
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NewsBellway bosses get £240k in bonuses despite shareholder revolt last year
Chief executive and finance director are awarded bonuses as the housebuilder promises greater transparency for shareholders
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NewsAtkins to stay in Middle East
Consultant is confident region will recover and liquidity problems will ease
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NewsCapita Symonds buys engineering consultant
Consultant snaps up Multi-Tech Contracts for an undisclosed sum