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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Carillion Plc | LSE:CLLN | London | Ordinary Share | GB0007365546 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCLLN
RNS Number : 3062L
Carillion PLC
18 July 2017
18 July 2017
Carillion Joint Venture awarded two further HESTIA contracts by Defence Infrastructure Organisation (DIO), with a core value of GBP158m excluding retail sales
Carillion, the integrated support services company, is pleased to announce that its Joint Venture has been awarded the HESTIA North, and Scotland and Northern Ireland Soft Facilities Management Multi Activity Contracts. These latest contracts follow on from the award of the South East and London contract by DIO to the Joint Venture earlier this year. The two new contracts have a core revenue value of GBP158 million over the initial contract period of five years, but with the opportunity to double that figure in the same period through catering and retail sales.
The Carillion Joint Venture will deliver soft facilities management services, including catering, retail and leisure, together with hotel and mess services. The North contract will employ around 1500 people, covering 130 military establishments and will go live at the beginning of January 2018. The Scotland and Northern Ireland Region contract will go live at the beginning of November 2017 and covers a further 103 military establishments and will employ around 1030 people.
Carillion Interim Chief Executive, Keith Cochrane, said: "We are delighted to be awarded these contracts. The DIO is a key support services customer with whom we have built a long-term successful partnership. We are committed to building on this relationship and on our position as a leading supplier to the DIO by using our core skills and capabilities to deliver high-quality services.
"These contracts play a critical role in supporting our armed forces and they have a number of unique aspects that require a specific, regional focus. They will enable us to create further training and employment opportunities for ex-services personnel in support of our commitment to the Armed Forces Corporate Covenant".
Notes to Editors
Carillion is a market leading support services group focused on infrastructure and property services with a portfolio of Public Private Partnership projects, selective construction capabilities and a sector leading ability to deliver sustainable solutions. The Group had annual revenue in 2016 of some GBP5.2 billion, employs around 43,000 people and operates across the UK, in the Middle East and Canada.
This and other Carillion news releases can be found at www.carillionplc.com.
For more information
John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 906333
Bell Pottinger +44 (0) 7990 003314
Liz Morley and Jamie Ricketts +44 (0) 2037 722591
This information is provided by RNS
The company news service from the London Stock Exchange
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July 18, 2017 02:00 ET (06:00 GMT)
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