What happened to Costain?

What happened to Costain?

In April 2019, Costain was suspended from the UK Government’s Prompt Payment Code, for failing to pay suppliers on time. It was reinstated in July 2019.

Who owns Costain?

ASGC Construction LLC is currently the company’s largest shareholder with 15% of shares outstanding. J O Hambro Capital Management Limited is the second largest shareholder owning 9.9% of common stock, and Ennismore Fund Management Limited holds about 7.1% of the company stock.

What does Costain do?

We are a leading provider of engineering solutions to UK water utility companies across the asset lifecycle. We are supporting the decarbonisation of the UK’s energy infrastructure by improving existing asset efficiency and life extension while leading the transition to a sustainable clean, green energy future.

Is Costain a contractor?

In 2010 Costain was named Contractor of the Decade by one of the UK’s most influential construction publications, New Civil Engineer. 51,000 tonnes of structural steelwork and 214,000 cubic metres of concrete were used to build the Thames Barrier, on which Costain was lead contractor.

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.

Why have Costain shares gone down?

Costain pushed to a loss by Welsh contract blow (Sharecast News) – Costain has fallen into the red after taking nearly £100m of charges relating to two long-standing contracts, the infrastructure construction specialist said on Monday.

Is Costain going bust?

Based on the latest financial disclosure, COSTAIN GROUP PLC has a Probability Of Bankruptcy of 35.0%. This is 17.8% lower than that of the Industrials sector and 3.8% higher than that of the Engineering & Construction industry.

Is Costain a good company to work for?

Costain is a good company to work for. The pay is good and there are some fantastic professional people working there. There is plenty of room for development but there are instances of bullying which is dealt with slowly but the bully always remains in their jobs. there are a few social climbers but overall its ok.

Does Costain pay dividends?

The Company has not paid a 2019 final dividend, 2020 interim dividend or 2020 final dividend.

Is Costain a buy or sell?

CoStar Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

Are Costain in trouble?

Is Costain a good share to buy?

Costain Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

How to contact Costain from outside the UK?

If you are calling outside the UK please telephone +44 (0)121 415 7047. https://secure.sourcedogg.com/profile/e4f39bd7-e4d6-44e5-afb5-96449a9d2b33/requests/32718 Please note: Suppliers must register before they can work with Costain. However, registration does not guarantee enquiries or orders from Costain.

How to contact Costain for a research project?

Tel: 01628 842444. https://costain.enablemyteam.com/Landing/costain/index.php. If you are contacting Costain for the first time about an innovation or research project, please add your details and provide a short summary of your innovation on Costain’s secure innovation management system on the link above.

What kind of responsibility does Costain care about?

Costain cares about all stakeholders and responsibility is at the core of our business.

Do you have to register to work with Costain?

Please note: Suppliers must register before they can work with Costain. However, registration does not guarantee enquiries or orders from Costain. General information If you have a general enquiry that can not be directed to one of the specific emails above…

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