Carillion signs £2.9 billion in first half

Sarah Ann McCay

22 August 2013

An artist's impression of Battersea Power Station, showing what it will be like on completion

An artist's impression of Battersea Power Station, showing what it will be like on completion

UK contractor Carillion put in a strong work-winning performance for the first half of 2013, signing £2.9 billion (€3.4 billion) of new and probable orders, up 32% on the first half of 2012.

Recent wins included the £335 million (€390 million) Royal Liverpool Hospital PPP (public-private partnership) contract and the £400 million (€465 million) first phase development at Battersea Power Station in London.

The new orders took Carillion’s total order book up to £18.4 billion (€21.5 billion) at 30 June 2013, compared with £18.1 billion (€21.1 billion) at the end of 2012.

The company also announced a pipeline of contract opportunities worth £37.5 billion (€44 billion).

Carillion also filed an 8% increase in underlying profit from operations.

Carillion chairman Philip Rogerson said, "Carillion's first-half performance was in line with the board's expectations. Despite market conditions remaining challenging, new order intake was strong.''

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