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Costain order book reaches £3.2bn

26 Jun 14 Costain has seen further growth in its order book in the first half of 2014, edging up past £3.2bn.

Costain is on Network Rail electrification framework
Costain is on Network Rail electrification framework

This is up 7% on the start of the year, when the order book was £3.0bn, and a new high for the company.

Awards announced in the first half of the year include appointment to Network Rail’s £2bn national electrification programme; the Crossrail northeast spur contract for Network Rail; appointment to three transmission frameworks with National Grid; and a further Barrow gas terminals contract with Centrica.

In a pre-close trading update today the company said that it also continues to maintain a strong preferred bidder position of more than £400m. More than £950 million of revenue has been secured for 2014 so far and the overall level of tendering activity remains high.

Costain will announce its interim results for the six months to 30th June 2014 in August.

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