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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Costain Group Plc | LSE:COST | London | Ordinary Share | GB00B64NSP76 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.20 | -0.26% | 75.40 | 75.40 | 75.80 | 75.80 | 75.00 | 75.60 | 337,343 | 16:29:52 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Hghwy,street Constr,ex Elvtd | 1.33B | 22.1M | 0.0799 | 9.44 | 208.62M |
From Apr 2019 to Apr 2024
By Ian Walker
Costain Group PLC said Monday that it and National Grid PLC have agreed to terminate the contract for the upgrade to the power company's Peterborough and Huntingdon compressor stations.
Costain said that the contract experienced significant change and extra scope, which hit costs and scheduling times.
"Following detailed discussions between Costain and National Grid, both parties have mutually agreed to exit the contract and release Costain from its contractual obligations to complete the works," Costain said.
Costain shares at 0815 GMT were up 2 pence, or 3%, at 69.50 pence.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
June 29, 2020 04:37 ET (08:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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