We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 : 6314Z
Carillion PLC
21 September 2015
21 September 2015
Carillion Joint Venture selected to deliver GBP292 million A14 upgrade construction package for Highways England
Initial contract award for a pre-construction phase valued at nearly GBP0.5 million; full contract award subject to statutory approval of the wider A14 improvement scheme
Highways England has awarded a joint venture between Carillion and Balfour Beatty (50:50) the third construction package that forms part of the GBP1.5 billion planned improvement programme to upgrade the A14 between Cambridge and Huntingdon. The contract for this package of work, which has been awarded under Highways England's Collaborative Delivery Framework, will involve widening the existing A14 from Swavesey to Milton and is expected to generate some GBP292 million of revenue for the joint venture.
Construction work is expected to start in late 2016, subject to the outcome of the development consent order examination by the Planning Inspectorate, with the upgraded A14 open to traffic in 2020.
Carillion is the leading provider of training and apprenticeships in our sector and the joint venture will provide local communities with opportunities for training and apprenticeships by supporting an on-site construction skills academy to encourage industry entrants and skills development.
Carillion Chief Executive, Richard Howson said: "We are delighted to have been selected to deliver this package of the A14 improvement programme. This contract is firmly in line with our selective approach to construction, namely of focusing on large, high-quality projects for long-term customers. As a delivery partner of Highways England, we look forward to working collaboratively with Highways England and the other contractors who have been awarded packages under the A14 improvement programme to deliver this important upgrade to the strategic road network that will support regional and national economic growth."
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2014 of some GBP4.1 billion, employs around 42,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments.
Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.
Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.
Middle East construction services - this includes building and civil engineering activities in the Middle East.
Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in 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 316426
Finsbury
James Murgatroyd or Gordon Simpson + 44 (0) 207 2513801
This information is provided by RNS
The company news service from the London Stock Exchange
END
JVESEFSWFFISELU
(END) Dow Jones Newswires
September 21, 2015 03:46 ET (07:46 GMT)
1 Year Carillion Chart |
1 Month Carillion Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions