Costain

Costain has revealed a rise in pre-tax margin to 2.6 per cent for the first half of 2018 as revenue dropped by £115m.

Ground engineering firm Aspin has brought in former Costain rail boss Gren Edwards as its new chairman.

SIG has appointed the former chief executives of Costain and Tarmac as non-executive directors as it implements a turnaround plan.

Costain has said it is on track to hit its 2018 half-year financial targets as it focuses on more high-tech work.

Costain has won a £150m contract to deliver a 16 km section of smart motorway for Highways England.

Costain has appointed a former Augean executive to a newly created role as part of efforts to boost its consultancy services.

Highways England has chosen Costain to deliver 1,500 traffic monitoring stations across its network.

Costain’s energy and water business returned to profit in 2017 as the company exited its problem Manchester waste PFI contract.

Costain has described 2017 as a “strong year” for the company boosted by contracts on HS2, in a market update released today.

Troubled Carillion has strengthened its board with the appointment of former Costain and Jarvis boss Alan Lovell as a non-executive director.