Finance News – Page 301
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Carillion reaps benefits of Mowlem integration
Group says growth in acquired firm's markets will contribute to increased earnings in 2007
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AMEC completes sale of Midwest Pipelines
Support services group sells Canadian business to Panama-based Willbros for £11m
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WSP reports strong markets
Consultant says that regional acqusitions will ensure further growth in the second half of the year
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Heywood Williams weathers US housing crash
Strong growth in European markets helps ensure 2007 performance is on target
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Balfour Beatty seals £311m hospital deal
Yorkshire PPP will see new Pinderfield gets an acute inpatients, Pontefract a diagnostic and treatment centre
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Waterman promotes Simon Harden to the board
Harden is currently managing director of the group's overseas operations
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John Laing appoints new finance director
Lynn Macgregor will step up from her current position as the PFI specialist's group financial controller
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Galliford Try reports sharp profit rise
Profits will be significantly above market expectations as contractor predicts record levels of housebuilding
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Bouygues hunts for regional contractor to lift UK growth
French group aims to acquire network of regional subsidiaries starting with £100-200m firm
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Atkins refuses to commit to more Metronet funding
Consultant’s reaction to £121m hit increases chances of tube consortium’s insolvency
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Taylor Woodrow to close Solihull head office
George Wimpey and Taylor Woodrow confirm that 700 jobs will go as a result of £5bn merger
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CPA predict sustained construction growth
The CPA says that growth will rise at same rate as economy but will be held back by cooling housing market
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Halcrow director defects to rival
Engineering consultancy firm HurleyPalmerFlatt has poached its new group finance director from rival Halcrow.
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HBOS and Bridgepoint lead race for Erinaceous buyout
Senior source says consultant is ‘almost certain’ to fall to private equity not trade buyer
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Private sector projects buoy up May’s commercial market
Commercial development index hits 61.0 with sharpest growth outside South-east, says Savills
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Laing O’Rourke expands housing arm
Laing O’Rourke’s housing arm, Explore Living, has launched a division in the Thames Valley as part of an expansion drive.
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Davis Langdon opens office ‘hubs’ to attract staff
Consultant Davis Langdon is to open a network of small “hub” offices across the UK that will operate alongside its main bases and enable staff to work closer to home.
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Grimshaw converts to LLP
Architect Nicholas Grimshaw & Partners has become a limited liability partnership.
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McCarthy & Stone diversifies to double output by 2012
McCarthy & Stone is to diversify its business as part of a plan to double output by 2012.