Building outfit Carillion welcomes era of austerity

first_imgThursday 26 August 2010 7:51 pm whatsapp KCS-content whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Building outfit Carillion welcomes era of austerity center_img BRITISH building and support services firm Carillion said first-half underlying pre-tax profit rose 17 per cent to £58.8m and it expected to benefit from outsourcing as governments try to cut costs.Sales were down 11 per cent on last year, however, to £2.5bn for the first half as a result of the company disposing of its public private partnership investments, Carillion said yesterday.The company said sales had also been hit by the timing of projects in the Middle East and an increased focus on margins over revenues.Many construction and outsourcing firms are awaiting the British government’s spending review in October which is expected to reveal the extent of cuts to public spending.“Our support services business is well positioned to benefit from the expected increase in government outsourcing of non-core services, particularly as we move through 2011 into 2012 and 2013,” the company said. Share Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULLlast_img

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