Interserve stays resilient

Strong performances from its UK public sector and international activities helped services, building and maintenance group Interserve shrug off challenging conditions in the UK private sector to continue sealing revenue-boosting deals.It has won more than £350m in contracts since November, including a £30m contract for industrial services at oil giant Shell's facility in Qatar and a £70m contract to design and build a young offenders institution in Leicestershire.The group continues to take action to reduce costs where necessary, 'in what is expected to remain a difficult economic environment.''The board continues to believe that the group is well placed to deliver resilient near-term performance and sustain long-term growth,' Interserve said.