6 May 2016 16:00
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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.
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6 May 2016 12:12
Broker tips: Interserve, Shire, Man Group
(ShareCast News) - Numis has placed its rating and target price on Interserve 'under review' after the company highlighted contractual issues. Interserve said expectations for its UK construction division have taken a significant hit due to a further deterioration in its Glasgow energy from waste co
Read more6 May 2016 10:40
Numis places Interserve 'under review'
(ShareCast News) - Numis has placed its rating and target price on Interserve 'under review' after the company highlighted contractual issues. Interserve said expectations for its UK construction division have taken a significant hit due to a further deterioration in its Glasgow energy from waste co
Read more6 May 2016 07:44
Interserve to take £70m hit from Glasgow waste contract
(ShareCast News) - Interserve tumbled on Friday after saying expectations for its UK construction division have taken a significant hit due to a further deterioration in its Glasgow energy from waste contract. As a result of issues relating to the design, procurement and installation of the gasifica
Read more6 May 2016 07:21
BUZZ-Interserve: worst day in 13.5 yrs on exceptional H1 charge
** Interserve -21%, on track for worst day since late 2002 & top after British support services and construction company takes 70 mln stg H1 charge ** Co says has been hit by cost overruns and delays in a energy-from-waste contract in Glasgow; sees H1 & FY net debt 35 mln stg higher than pr
Read more6 May 2016 06:16
Interserve hit by Glasgow energy-from-waste contract problems
LONDON, May 6 (Reuters) - British support services and construction company Interserve plc said it had been hit by cost overruns and delays in a energy-from-waste contract in Glasgow, resulting in it taking a 70 million pound ($101 million) charge in its first half. The company said on Frid
Read more5 May 2016 10:18
Steven Dance stepping down from Interserve
(ShareCast News) - Support services and construction group Interserve announced on Thursday that Steven Dance - executive director and managing director of equipment services - was to retire. The FTSE 250 firm said that during his notice period, Dance will continue to support the group in a number o
Read more3 May 2016 15:16
3 May 2016 07:57
Interserve JV wins £46m water contract
(ShareCast News) - Interserve's joint venture with process engineering firm Doosan Enpure has been awarded a £46m contract by Northumbrian Water to upgrade the Horsley water treatment works in the Tyne Valley. During the 30-month contract, the FTSE 250 support services and construction group will bu
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