Carillion hails £1.7bn of contract wins
Among the contracts is work on the electrification of the Shotts railway line, which runs between Glasgow and Edinburgh, as part of a package of deals with Network Railway worth more than £400 million in revenues to Carillion.
Chief executive Richard Howson said: “As we expected, the pace of work winning in the second half of the year has started to pick up.
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Hide Ad“Since the half year, we have secured contracts, preferred bidder positions and framework agreements that are expected to be worth around £1.7bn. With cash flow remaining healthy and these recent contract successes, we remain confident of achieving this year’s targets, including ending the year with strong revenue visibility for 2016.”