13 Aug 2015 08:37
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Don't have an account? Click here to register.Interserve wins place on Department of Health construction framework
Tue, 27th Sep 2016 10:17
(ShareCast News) - Support services and construction group Interserve has won a place on the Department of Health's £4bn ProCure22 (P22) construction framework, due to start next month.The award continues Interserve's 14-year role on UK health frameworks, through which it has delivered more than £1bn of healthcare facilities across over 250 projects, including the UK's first Proton Beam therapy unit, currently being built at The Christie in Manchester.Interserve is one of six companies that have been awarded a place on the framework.Chief executive Adrian Ringrose said: "We have been working towards securing a place on the P22 Framework since 2014. Together with our existing clients and experienced supply chain, we have sought to balance the complex needs of the sector with the provision of consistent and capable supply side teams that can help the NHS drive efficiency in its capital resource allocation."This has involved investment in many areas of the construction process such as programme level IT infrastructure, web services and communications as well as the further training and development of our people and supply chain as we continue to deliver world-class facilities for patients and staff, while supporting the drive to create long-term value across the NHS Estate."At 1023 BST, the shares were down 2.2% to 371.25p.
More News
12 Aug 2015 16:12
FTSE 250 movers: Gold miners lifted as mid-caps trip on China's currency fiddling
(ShareCast News) - The FTSE 250 tumbled in early trading and by the close of the session was down 1.3% at 17,438.09 points. There were a few stocks in positive territory, however, with a three-week haven-inspired high in gold prices helping gold-miners Centamin and Acacia Mining top the second-line
Read more12 Aug 2015 08:21
UPDATE 1-Interserve warns that higher wage bill could stall growth
(Adds CEO comment, analyst, share price) LONDON, Aug 12 (Reuters) - British support services and construction company Interserve expects a rise in Britain's minimum wage to hit profit next year, it said on Wednesday, sending its shares down 4 percent on the potential for growth to stall fo
Read more12 Aug 2015 08:05
BUZZ-Interserve: Minimum wage impact hurts stock
** Support services and construction firm Interserve falls 5.8 pct, among top losers on FTSE midcap index ** Higher minimum wage would hurt margins by about 10-15 mln stg in 2016, co said ** Co also posted a 12 percent rise in H1 profit ** Worst day for stock in 8 mths, at leve
Read more12 Aug 2015 07:33
Interserve interim profits jump but minimum wage will hit margins
(ShareCast News) - Support services and construction group Interserve posted a 19% rise in first-half pre-tax profit and said it remained confident of further growth for the remainder of this year, albeit with the higher minimum wage likely to hit margins. Pre-tax profit for the six months ended 30
Read more12 Aug 2015 06:19
Interserve confident of growth after H1 profit rises 12 pct
LONDON, Aug 12 (Reuters) - British support services and construction firm Interserve posted a 12 percent rise in half-year profit and said it was confident of future growth as demand in its main markets continued to strengthen. The company identified the recently announced higher minimum wa
Read more12 Aug 2015 05:12
11 Aug 2015 15:14