Carillion builds profits despite declining sales

Construction and infrastructure group Carillion saw revenues fall by over a tenth in the first half but profits were ahead of last year on the back of a continuing improvement in the operating margin.

Construction and infrastructure group Carillion saw revenues fall by over a tenth in the first half but profits were ahead of last year on the back of a continuing improvement in the operating margin.

Revenue slipped 12% from £2,453.5m to £2,156.8m in the six months to June 30th, primarily due to the continued re-scaling of UK construction and the timing of project awards in the Middle East, the firm said on Wednesday.

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