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03 Jan 2019 | 08:27

Costain expects results in-line with expectations

Infrastructure solutions company Costain said full-year results were expected to meet management's expectations as it continued to perform 'well' in the second half of the year.

The group ended the year through December 2018, with an order book at a record level of £4.2bn, up from £3.9bn, as company targeted clients who were consolidating their supply chains 'to deliver increasingly large, multi-billion pound investment programmes underpinned by regulatory commitments.' 'This has been another year of progress for Costain. The benefits of our integrated offering, long-term strategic relationships with our clients and strong balance sheet position us well for the future and the significant opportunity we see across our rapidly-changing end markets,' said Andrew Wyllie CBE, chief executive.

At 8:27am: (LON:COST) Costain Group PLC share price was +17.25p at 341.75p

Story provided by StockMarketWire.com
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