Firm says figure has gone up by three quarters

Costain has said its forward order book at the end of last year was more than 拢5bn.

In a trading update this morning, the firm, which has picked several high-profile HS2 contracts in recent weeks, said the order book at its year end was 拢5.4bn 鈥� a rise of 拢1.5bn.

The firm said the number 鈥済ives the Group increasing confidence in its ability to deliver further growth in operating profits and margins鈥�.

Costain 2

The firm will announce its 2024 results in March

Analysts are expecting Costain to turn in an adjusted operating profit of between 拢41.9m and 拢43.3m for 2024. Net cash for the year is set to be 拢160m.

Costain will announce its full year results on 11 March.

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