Finance News – Page 308
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Atkins buys Advantage Business Group
Defence group will be integrated in Atkin's design and engineering business
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Full order book at Kier as profit jumps 28%
Strong performance in property and support services lifts interim profit to £36.2m
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BRE unveils five-year plan to double turnover to £80m
Surprise expansion programme to include restructuring, organic growth and acquisitions
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Amec and Costain hit by multimillion-pound losses
Contractors post losses of £109m and £62m respectively following last year’s writedowns
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Interserve takes £43m hit after financial scandal
Support services firm to stay in industrial market despite taking hit over ‘financial irregularities’
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Key staff leave Treasury PFI unit
Three important members of staff will leave the Treasury’s private finance unit in the next two months, fuelling fears that the team behind PFI policy will lose its most talented members.
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Costs and delays deter PFI bidders
Firms are bidding for fewer PFI projects because of costs and delays, says a National Audit Office report.
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Costain hit by £61.7m pre-tax loss
Loss follows £50m writedown after project delays and disputed claims
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Interserve suffers £43m hit
Financial irregularities in industrial services division contribute towards huge fall in pre-tax profit
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Costain makes redundancies following £50m hit
Memo reveals contractor is reviewing its building division and has set redundancy criteria
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T Clarke profits drop 23%
M&E contractor makes management changes following profit loss in 2006
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Hanson acquires bricklaying contractor Irvine-Whitlock
FTSE 100 materials group aims to lay bricks as well as supplying them
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Waterman reports 11% profit rise
Growth in overseas operations partially responsible for consultant’s profit rise
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Broadway Malyan expansion leads to 25% rise in profit
Architect ‘didn’t have a particularly good year’, despite steep rise in profit to £1.7m
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Redrow warns about interest rate uncertainty
Housebuilder cautious about future as it reports 1.7% profit rise and 8% increase in turnover
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ISG continues to dominate London fit-outs
ISG InteriorExterior and Overbury continue to dominate the London fit-out market, according to the latest tables from Metropolis Property Research.
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Clients fear contractor gap
KPMG survey finds shortage of qualified suppliers is employers’ single biggest challenge
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Rok seeks more acquisitions and bigger margins
Garvis Snook, chief executive of Rok, is on the hunt for more acquisitions, and has set ambitious targets for margins after the contractor posted record results.
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WSP profit soars to £28m
International consultant WSP will focus on growth in the energy market in the coming year after posting a pre-tax profit of £28m for the full year.