ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

COST Costain Group Plc

75.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 75.00 73.60 75.00 76.00 72.00 75.00 718,850 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hghwy,street Constr,ex Elvtd 1.42B 25.9M 0.0936 7.95 205.85M

Costain Group PLC Year End Trading Update (5166K)

05/01/2021 7:00am

UK Regulatory


Costain (LSE:COST)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Costain Charts.

TIDMCOST

RNS Number : 5166K

Costain Group PLC

05 January 2021

5 January 2021

Costain Group PLC

("Costain" or "the Group" or "the Company")

Year End Trading Update

Costain, the smart infrastructure solutions company, today issues a trading update for year ended 31 December 2020.

Since announcing interim results on 14 September 2020, the Group in responding to Covid-19 has continued to operate productively with effective safety measures in place across all contracts. The Group's underlying trading has remained profitable with good cash generation. New work has also continued to be secured, in line with the Group's strategic ambitions. The Board therefore expects to report full year results in line with expectations.

The year-end order book stands at GBP4.2 billion (31 December 2019: GBP4.2 billion), with c GBP1,020 million secured for 2021 (c GBP940 million secured for 2020 at end of FY19). The Group has a strong year-end net cash position of GBP102.5 million, ahead of expectations, (31 December 2019: GBP64.9 million) comprising GBP89.5 million of cash, GBP61.0 million share of cash in joint operations and GBP48.0 million of drawn debt. The average month-end net cash balance for the second half was GBP100.8 million (2019 full year: GBP41.2 million).

The Group will be announcing its results for the year ended 31 December 2020 on 9 March 2021.

Enquiries:

 
 Costain                                  Tel: 01628 842 444 
 Alex Vaughan , Chief Executive Officer 
 Helen Willis, Chief Financial Officer 
 Sara Lipscombe, Group Communications 
  Director 
 
 MHP Communications                       Tel: 020 3128 8658 
 Tim Rowntree                             Costain@mhpc.com 
  Peter Hewer 
 
 

Notes to Editors

Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's transportation, water, energy and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK's leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.

For more information visit www.costain.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

TSTBIMPTMTTMBBB

(END) Dow Jones Newswires

January 05, 2021 02:00 ET (07:00 GMT)

1 Year Costain Chart

1 Year Costain Chart

1 Month Costain Chart

1 Month Costain Chart

Your Recent History

Delayed Upgrade Clock