Costain reports strong first quarter results
Costain, the international construction group, has continued to perform ‘in-line’ with its expectations during the first quarter of this year, following a strong result in 2007.
Liberty International suffers first quarter loss
Liberty International Plc, the UK property company, yesterday reported a £335 million loss before tax for the first quarter of 2008.
The future of green materials
An Al-Gore inspired fervour seems to have prompted America’s conversion to sustainability and environmentalism. And with customers asking for environmentally-friendly developments, builders and architects are beginning to oblige.
Bovis warns of profit fall as shares drop
Bovis Homes Group Plc has warned that first half revenue will not meet expectations and outlook is difficult to predict, citing the deteriorating housing market.
Balfour Beatty acquires military PPP
Balfour Beatty, the international engineering, construction, investment and services group, has completed its acquisition of the military PPP business from GMH for $350.5 million.
Construction companies facing insolvency
More than 500 construction companies could face bankruptcy, according to figures from Begbies Traynor.