Who owns Costain?

Who owns Costain?

Costain Group

Type Public limited company
Founded 1865
Headquarters Maidenhead, England, UK
Key people Paul Golby, Chairman Alex Vaughan, CEO
Revenue £1,135.2 million (2021)

What did Costain build?

Costain built the Skylon and Dome of Discovery for the 1951 Festival of Britain. Costain has produced more than 50 million precast concrete railway sleepers since commercial production began in 1943.

How many people do Costain employ?

around 3,500 people
For more information about our careers go to www.costain.com/careers Today, we employ around 3,500 people and are one of the nation’s Top 100 Most Admired companies and have been named in the Times Top Employers for Women 2021.

What happened to Costain?

Costain’s shares have plunged around 80 per cent since the company announced its plans for a £100m equity injection last week. Costain’s market capitalisation – the value of all its shares – stood at around £37m midday on Monday.

Is Costain in trouble?

Costain is gearing up to grow again after dealing with problem contracts and tightening its risk assessment, according to chief executive Alex Vaughan. The contractor lost almost £100m on three problems jobs last year, leading to a £96.1m hit for 2020.

Do Costain build houses?

And when peace returned, thousands of semi-permanent Costain-constructed concrete houses designed to last for a maximum of 30 years continued to give service for a decade beyond their estimated lifespan.

Are Costain in trouble?

Is Costain a good place to work?

Is Costain a good company to work for? Costain has an overall rating of 3.8 out of 5, based on over 283 reviews left anonymously by employees. 75% of employees would recommend working at Costain to a friend and 51% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.

Is Costain a good company?

Is Costain a good company to work for? Costain has an overall rating of 3.8 out of 5, based on over 288 reviews left anonymously by employees. 78% of employees would recommend working at Costain to a friend and 52% have a positive outlook for the business. This rating has been stable over the past 12 months.

Will Costain recover?

In just over three weeks, this technology-based engineering solutions group is going to be releasing its interim results for the six months to 30th June.

Is Costain a good investment?

The 4 analysts offering 12 month price targets for Costain Group PLC have a median target of 70.00, with a high estimate of 85.00 and a low estimate of 40.00. The median estimate represents a 104.08% increase from the last price of 34.30.

Why is Costain share price so low?

In Monday’s disastrous first-half results, Costain reported an operating loss of £90m. Reported revenues were more than 20% below those of the year before. Some of this can be attributed to Covid-19, which has disrupted operations and affected profitability.

  • November 1, 2022