Costain

Smart infrastructure solutions company Costain has appointed Helen Willis to its board as chief financial officer with effect from November 30. Ms Willis will join Costain on November 23 to commence a handover prior to taking up her position.

Costain slumped to a pre-tax loss of £92.3 million during the first half of this year following problems with a National Grid project in the East Midlands and a road building job in Wales. The firm said the loss, which follows an £8.4m profit last time, reflects the previously

The accountancy failures surrounding the collapse of Carillion are costing other firms with government contracts millions of pounds in annual audit fees.

Sue Kershaw has joined Costain as managing director of its transportation division where she will be responsible for the highways, rail and aviation sectors. Ms Kershaw will join the group’s executive board and report to Alex Vaughan, chief executive officer.

The outcome of an arbitration case over a motorway project has seen Costain issue a new £20 million profit warning.

Five Kier companies and Seddon Construction are among 20 firms to have been suspended from the Prompt Payment Code for failing to pay suppliers on time.

Smart infrastructure solutions company Costain said it remains on course to deliver a full year performance in line with its revised expectations despite a plunge in first half profits. Contract delays and project cancellation saw pre-tax profits fall by 58% to £8.4 million in the six months e

Costain has revealed that its half-year results will be lower than expected due to a number of delays and a cancelled project. In a trading update ahead of announcing results for the six months ended 30 June 2019 on August 21, the smart infrastructure solutions company said trading on current contra

A long running case against seven large construction companies who blacklisted workers has been settled with a £1.9 million compensation agreement.

Infrastructure solutions company Costain has appointed Steve Carter as a project director in Aberdeen. Working within a 70-strong upstream team based at the firm’s offices in Carden Place, Mr Carter will help deliver offshore and onshore engineering projects across the lifecycle of oil and gas

Andrew Wyllie CBE is to leave Costain after 14 years as CEO of the company. Current managing director of the group’s natural resources division Alex Vaughan will be appointed as CEO with effect from the conclusion of the company’s AGM on May 7.

Andrew Wyllie Costain has announced a “strong” performance for the first half of the year and remains on track to deliver the full year in line with expectations, the firm said today.

Costain’s ongoing transformation into a “smart infrastructure solutions company” is continuing to pay dividends after the firm reported another strong performance with an 18% increase in underlying operating profit to £49 million. Revenue, including share of joint ventures and associates, inc

Andrew Wyllie Costain is on course to deliver results in line with the Board’s expectations thanks to several new contract wins, the firm said today.

A milestone has been reached on a £100 million Shieldhall Tunnel project in Glasgow. The construction phase on Scotland's biggest waste water tunnel is now complete, with the 1,000-tonne tunnel boring machine (TBM) 'breaking through' in Queen's Park last week.