Costain ( (GB:COST) ) has provided an announcement.
Costain Group PLC reported a robust financial performance for the year ended December 2024, with a record increase in its forward work position to £5.4 billion. Despite a slight decline in revenue to £1,251 million, the company achieved significant growth in adjusted operating profit, operating margins, and earnings per share. The company’s strategic focus on high-quality contracts and investment in chosen markets has resulted in improved financial metrics and increased confidence in future growth prospects. The doubling of the full-year dividend reflects the company’s strong cash position and commitment to enhancing shareholder returns.
More about Costain
Costain Group PLC operates in the engineering and construction industry, providing infrastructure solutions across sectors such as transportation, water, defense, nuclear energy, and energy. The company focuses on delivering integrated solutions and consultancy services, with a strong emphasis on innovation and sustainability in its projects.
YTD Price Performance: -1.89%
Average Trading Volume: 1,210,660
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £279.5M
See more insights into COST stock on TipRanks’ Stock Analysis page.