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Costain update on Manchester waste contract

29 September 2017 09:46

Costain, the engineering solutions provider, has confirmed that all the conditions to the consensual termination of the Greater Manchester waste management PFI project announced on 24 Aug have been satisfied.

Costain said that in accordance with the terms of the consensual termination, it had fully demobilised all of its remaining activities relating to the project and settled all of its obligations under the project.

It said the financial impact for Costain of the settlement was in line with the provisions previously taken for the project.

At 9:46am: (LON:COST) Costain Group PLC share price was -0.12p at 439.88p

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