Carillion stays on track

Support services firm Carillion said it had seen a significant rise in first-half revenue, putting it on track to meet market expectations for 2015 and beyond.

Tuesday, 14th July 2015, 9:08 am

The company, which maintains railways, roads and military bases, said the pace of new order intake slowed in the first half as the General Election delayed public-sector contract awards, but the value of its secured and probable orders remained strong at about £17bn. Analysts on average expect Carillion to report full-year pretax profit of £178.2m.

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