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London Stock Exchange

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Share Price: 80.20

Bid: 80.00

Ask: 81.60

Change: -2.40 (-2.91%)

Spread: 1.60 (2.00%)

Open: 82.40

High: 82.80

Low: 80.20

Prev. Close: 82.60

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IN BRIEF: Costain Has GBP4.2 Billion Order Book As Activity Resumes

Fri, 19th Jun 2020 13:19

Costain Group PLC - infrastructure construction - Expects order book to be about GBP4.2 billion at the end of the first half on June 30 amid recent contract wins, including framework agreement with Highways England Smart Motorway Alliance. Back on site at "substantially all" operations and activity levels have stabilised. Second-quarter activity broadly as anticipated at start of UK lockdown in March. "We remain confident in the positive forward outlook for the business," Chief Executive Officer Alex Vaughan tells annual general meeting. Interim results set for August 19.

Current stock price: 75.44 pence

Year-to-date change: down 51%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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