Costain Share News (COST)

LONDON MARKET PRE-OPEN: Allied Minds eyes delisting; Costain profit up

(Alliance News) - The FTSE 100 is set to continue the week's losing streak as investors await the start of the Jackson Hole central banking symposium in Wyoming.

Costain confident after meeting first-half expectations

(Sharecast News) - Infrastructure engineering company Costain said on Wednesday that its reported and adjusted group revenue was up 19.5% in its first half to £665.2m, reflecting primarily volume growth and inflation protection mechanisms within contracts.

UK earnings, trading statements calendar - next 7 days

SMALL-CAP WINNERS & LOSERS: Go-Ahead suitor pulls out; Costain rises

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

IN BRIEF: Construction firm Costain helped by inflation-linked deals

Costain Group PLC - Maidenhead, England-based infrastructure construction firm - Expects interim and full-year revenue ahead of expectations in 2022. Attributes this to "inflation recovery mechanisms" put into contracts. Continues to expect "good" year-on-year revenue growth.

SMALL-CAP WINNERS & LOSERS: Costain, Kin & Carta meeting expectations

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Costain backs FY guidance as H1 revenues surpass expectations

(Sharecast News) - Costain backed its full-year expectations on Wednesday as it hailed a good performance in the first half, with revenue ahead of market expectations.

Costain shares jump as revenue anticipated ahead of expectations

(Alliance News) - Costain Group PLC on Wednesday it delivered a good performance in the first half of the year, with revenue ahead of market expectations.

LONDON MARKET OPEN: FTSE 100 shakes off overheated UK inflation figure

(Alliance News) - Stocks in Europe got out of the gates strongly on Wednesday, as eyes turn to central banks following a higher-than-expected UK inflation reading and ahead of monetary policy decisions from the Bank of Japan and European Central Bank on Thursday.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Costain trading in line with market expectations

Costain Group PLC - Maidenhead, England-based infrastructure construction firm - Says it is currently trading in line with market expectations. Constain explains: "Whilst we are mindful of the macro-economic backdrop, particularly regarding cost inflation, we continue to expect to deliver further progress in 2022 and remain confident in the group's strategy and longer-term prospects."

SMALL-CAP WINNERS & LOSERS: Reach sinks as Ukraine war stifles growth

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Costain narrows loss but skips dividend; chair set to depart

Costain Group PLC - Maidenhead, England-based infrastructure construction firm - Pretax loss narrows to GBP13.3 million in 2021 from GBP96.1 million in 2020, as revenue rises 16% to GBP1.14 billion from GBP978.4 million. Says result is in line with market expectations, having guided back in December to an as-expected result. Adjusted operating profit was GBP30.1 million in 2021, up from GBP18.0 million, as adjusted operating margin improved to 2.6% from 1.7%. Net cash balance rises to GBP119.4 million at the end of December from GBP102.9 million a year before, but declares no dividend for either 2021 or 2020, saying it isn't "appropriate" to do so. Promises to continue to review the reinstatement of dividends in light of performance.

Costain narrows FY pre-tax losses

(Sharecast News) - Construction company Costain said on Wednesday that it had narrowed pre-tax losses in 2021 as long-time problem jobs were purged from its books and the firm's contract bidding and delivery processes were overhauled.