Carillion sees slowdown in pace of new orders post Brexit

Dec 7 (Reuters) - Carillion Plc, a building supportservices company, said the pace of new order intake had slowedin the second half of the year, partly due to a spending delayby the government following Britain's vote to quit the EuropeanUnion.

The company said on Wednesday it expected the total value oforders and probable orders won in the six months ended Dec. 31to be lower than 2.5 billion pounds ($3.16 billion) won in thefirst six months of the year.

Carillion, which maintains railways, roads and militarybases, said it believed the slowdown was caused by thegovernment taking time to reassess its spending priorities aheadof its November budget.

It also said there had been a slower pace of contract awardsfrom in the Middle East, particularly in Oman, as the regiongrapples with the effects of low oil prices.($1 = 0.7906 pounds) (Reporting by Esha Vaish in Bengaluru. Editing by JaneMerriman)

Carillion Plc