Profit falls at Costain as revenue holds steady

By Daniel Gayne2023-08-23T10:25:00

Restructuring costs brought profit down in first half, firm says

Pre-tax profit was down at Costain in the first half as revenue at the engineering firm remained flat.

Interim results published this morning showed income of £644m in the six months to 30 June – just 0.1% down on the same period the previous year – as strong performance in its natural resources business balanced out a contraction in transportation work.

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