Finance News – Page 215
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NewsProfit steady at Hyder
Six months proft remains unchanged on last year at £5.67m, but turnover in Europe drops 7%
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NewsMitie reports 'strong' performance
Profit up 12.5% at facilities management group and it expects to benefit from clients increasingly outsourcing FM work
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NewsMitie buys Environmental Property Services for £38.5m
Social housing contractor will be integrated into property management business in south-east England
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GB Building fights slump by boosting repeat business to 69%
Martin Smout, chief executive of GB Building Solutions, has said the company boosted repeat business from 60% to 69% last year, to help combat the recession
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Balfour takes on Texas
Balfour Beatty has bought SpawMaxwell, the largest interior construction contractor in Texas, for $25m (£15m)
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Spring in Boot’s step
Henry Boot has said in a trading update there are indications housebuilding is slowly recovering
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Keller’s resilient year
Groundwork specialist Keller has said its performance so far this year has been “resilient” despite the downturn
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Interserve on track
Interserve has said trading is in line with expectations, thanks to a strong performace in the Middle East and stability in the UK public and utility sectors. Its future workload is £6.7bn.
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Avonside hits the roof
Roofing contractor Avonside Roofing has made six acquisitions in recent weeks, which it said will boost turnover by £13m to £45m next year
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NewsOlympics boosts Byrne turnover by a third
London 2012 Olympic work has helped concrete specialist Byrne Brothers boost turnover by a third
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Galliford investors will call for break-up if rights issue fails
Several shareholders give firm final warning over hybrid contractor/housebuilder model
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CityWatch: Only words
Three housebuilders provided trading updates to the City this week, providing ample material for those who hang on their every word to divine what the future holds
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NewsWaterman reports signs of recovery in Australia
Engineering consultant says trading is 'in line with expectations' but implies it may cut more jobs
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NewsStyles & Wood sees signs of ‘stabilisation’
Fit-out and refurbishment firm says its four divisions traded in line with expectation between July and November
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NewsWYG sees light at end of the tunnel
Engineering consultant sees encouraging signs but says markets remain challenging
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NewsKier reveals new chief executive
Head of construction Paul Sheffield will take over from John Dodds in April 2010
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NewsTendering activity rising says T. Clarke
Electrical engineer says it is ready to take advantage of improving markets
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NewsWolseley predicts worsening conditions
Materials supplier says revenue is down 13% and trading profit down 28%, and it expects markets to deteriorate over the short term
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NewsArup's profits drop 4.9%
Engineer says £77m pre-tax profit is a 'robust performance' given global economic downturn
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NewsBovis Homes housing reservations up 83%
Bovis Homes sees signs of turnaround in market amid modest growth in mortgage availability