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| Costain performing in line with expectations British construction firm Costain said the Group has continued to perform in-line with the Board's expectations. As a result of a number of significant new contract awards since the beginning of the year, Costain has a forward order book of £2.5 billion. Circa £1.0 billion of work has been secured for 2010. In addition, the Group has Preferred Bidder positions of over £500 million. The Group has maintained its strong net cash position of in excess of £100 million, and has no significant borrowings. Costain will today and tomorrow host a site visit for analysts to its operations, which will include the major M1 Junction 10 - 13 managed motorway project, and the UK's largest waste to energy plant being constructed at Belvedere. write your comments about the article :: © 2010 Construction News :: home page |