Costain slumps to £96m loss

By Dave Rogers2021-03-16T10:47:00

Problem jobs send firm nosediving further into the red

Problem jobs sent pre-tax losses at Costain close to £100m last year, the firm announced this morning.

The contractor had already flagged woes on the A465 Heads of the Valleys road scheme in south Wales as well as a job for National Grid, a £113m deal it signed in 2016 to upgrade compressor stations in Peterborough and Huntingdon.

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