Costain says forward order book up 19%
Construction group Costain has continued to perform in line with expectations in the first quarter and has increased its forward looking order book by 19%.
Costain's forward order book has increased to £1.9bn, while the group's preferred bidder position has grown to in excess of £1bn.
The oil, gas and process division is continuing to perform well in very good market conditions, though conditions in Spain remain 'challenging'.
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"The board expects further progress during the current year in line with its expectations," said the group.
"The group's order book is in good shape and with robust finances, a strong cash position and rigorous cost management, Costain is in a strong position to capitalise on the many available opportunities," it added.
