Company News Roundup: 3 March 2015

Last Updated:

27th February 2015

Interserve profit margin falls to 1.6% but revenues and order book grow

Interserve鈥檚 construction arm reported a dip in profit margin to 1.6 per cent, down from 1.8 per cent a year earlier.

UK construction revenues were up by 21 per cent, rising to 拢970.7m, from 拢802.2m for the same period in 2013.

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Kier's construction division sees 18% revenue growth

Kier鈥檚 construction division has posted revenue growth of 18 per cent for the six months to 31 December 2014, with operating margins for the period remaining above 2 per cent.

Revenue jumped to 拢874m compared with 拢742m for the same period in 2013.

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Carillion JV chosen for two contracts in Dubai worth 拢380m

Carillion鈥檚 Middle East joint venture, Carillion Al Futtaim, has won two contracts worth 拢380m in Dubai.

The joint venture has been selected as preferred bidder for a 拢225m mixed-use development on the Dubai Creek waterfront.

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Lend Lease boosts profit by 25% in H1 results

Lend Lease has reported a 25 per cent half-year profit rise on the back of a strong performance from its European business

The firm鈥檚 profit after tax grew to A$315.6m (拢160.4m) in the six months to 31st December 2014, up from A$251.6m (拢127.3m) for the same period in 2013.

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