Finance News – Page 274
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NewsBAA blames £62m loss on maintenance costs
Airport operator posts loss for first quarter after incurring costs over Heathrow's T5 opening
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NewsJarvis returns to the black
Rail contractor beats City expectations by posting £11.1m pre-tax profit and 12% jump in turnover
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SMC reports “robust” trading
Architect boasts order book fatter than a year ago and continuing improvement in efficiency levels
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NewsWolseley takes steps to head off takeover bids
Materials firm hires advisers to defend it against potential takeover approaches
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NewsProperty giants consider bid for Wilson Bowden Developments
Media reports claim British Land and Land Securities are mulling over bid for Barratt division
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NewsPersimmon to double social housing to ride out crunch
Housebuilder aims to boost affordable output to 5,000 in medium term despite lower margin
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NewsStradform enjoys financial rewards of life under Vinci
But Cardiff contractor lives with raised expectations after takeover by £24bn French giant
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Mitie order book in good health
Building support services group Mitie has posted a 21% jump in pre-tax profit, from £58.2m to £70.6m, for the year ended 31 March 2008.
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British Land beats forecasts
British Land’s net asset value per share fell 20% to 1,344p in the year to 31 March 2008.
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NewsBalfour Beatty wins Texas toll road job
Joint venture awarded £167m design and build contract in USA
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Credit crunch prompts wave of Wolseley job cuts
European job losses to follow US cuts as part of materials group's restructuring as profit falls 30%
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NewsTaylor Wimpey to close 13 offices
Contractor feels the effects of housing downturn as it prepares to shed 600 jobs
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NewsOne in four can ill afford planned pension scheme
A quarter of construction workers likely to opt out of government's new personal-account pension-saving scheme
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NewsRenew profit climbs 21%
Specialist engineering sectors proving resilient as contractor records half year profit of £3.9m
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Construction confidence sinking fast
Accountants report business confidence sliding in all sectors, but predict no recession
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NewsCarillion says profit will not be hit by McAlpine writedown
Contractor states that profit and assets will remain unaffected despite rumours of £400m writedown
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Waterman unaffected by credit crunch
Environmental and engineering consultant says business is in “robust health”
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NewsRedrow slashes staff by 15% as housing reservations halve
Housebuilder acts to cut costs and blames shortages of mortgages for paralysing market
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City retail win propels Skanska to top in April
Business barometer St Botolph’s development puts Swedish contractor ahead of Willmott Dixon
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PRP profit leaps 80%
PRP Architects has posted an 80% jump in pre-tax profit from £246,000 to £443,000 for the year ended 30 September 2007.