Finance News – Page 287
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News
Ocon posts first major profit
Manchester housing contractor announces plans to double turnover in five years as it reveals 12-month profit of £1.6m
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NewsMears profit forecast to rise 37%
Social housing contractor announces record order book of £1.4bn as City forecasts £16.84m profit for 2007
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NewsHousing reservations down 9% at Redrow
Housebuilder says market was ‘significantly’ more challenging in last six months of 2007
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NewsStrong civils performance keeps Costain on track
Group reports a ‘significant’ recovery in profitability over 2007 as building division makes steady progress
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NewsSpeedy Hire buys Amec equipment hire arm
Tool hire firm acquires Amec Logistics and Support Services for £12.5m
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NewsAlfred McAlpine wins £350m of new contracts
Recent wins include financial close on £30m Derbyshire Healthcare PFI
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NewsProfitable Rok starts year with £3m acquisition
City predicts profit increase of 58% for Rok as it buys Scottish M&E contractor Pitkerro
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NewsLower demand hits Persimmon order book
Forward sales for 2008 fall 13% as housing slowdown begins to bite
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NewsSavills defies credit crunch
Property firm experienced lower trading volumes in second half of 2007 but says results are expected to be ahead of expectations
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Heywood Williams issues 'satisfactory' trading statement
Hardware distribution specialist expects £9m profit for 2007 despite disappointing sales in north America
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News
Low & Bonar buys carpet tile producer
Specialist materials firm agrees to purchase Westbond's entire share capital for up to £10.9m
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Hill International buys John Shreeves Holdings
US-based firm acquires cost consultant with a turnover of £2.4m
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Marshalls issues upbeat trading statement
Products group optimistic about contracts in 2008 after spending £12m on acquisitions last year
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News
Record order book for Henry Boot
Construction group's 2007 results are on track despite recent turbulence in financial markets
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NewsBalfour Beatty secures £350m Heathrow East contract
Contractor will build first two phases of Heathrow's new East Terminal for BAA
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NewsFSA gains more powers to deal with failing banks
Chancellor announces plan to increase protection for savers and guarantee their cash
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NewsWienerberger acquires Baggeridge Brick for £89.2m
Austrian brick manufacturer becomes UK’s third largest supplier with one fourth market share
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News
CRH predicts 2007 profit rise to £1.41bn
Building materials firm spends £500m in bolt-in acquisitions in last six months
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NewsMultiplex UK arm reports 40% revenue fall
Turnover at UK division falls after dropping White City scheme, while Australian firm scores partial Wembley victory at Court of Appeal
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NewsDean and Dyball profits rise 17%
Contractor reports £4.5m profit boosted by growth in civil engineering schemes