Support services firm Carillion has won two support services and construction contracts worth a total of 95m pounds.
The first is with FTSE 100 utilities giant Centrica, which owns British Gas, to provide it with facilities and energy efficiency services for 92 properties with a total area of 8.6m square feet. This contract is worth £50m over five years.
The second contract is for the Pier 5 Reconfiguration project at Gatwick Airport, which involves delivering an improved pier service to meet future growth in passenger numbers at Gatwick's North terminal. It is worth £45m and completion is expected in April 2014.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Winning these contracts reflects our focus on delivering excellent customer service and value for money," said Chief Executive Richard Howson.
"This is the foundation for our continuing success in winning contracts across our chosen market sectors and we look forward to working in partnership with Centrica and Gatwick Airport to deliver these contracts," he said.
BC
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the USMedium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.
