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An update from Costain ( (GB:COST) ) is now available.
Costain Group PLC, in a joint venture with Siemens Mobility, has secured a significant contract to deliver high voltage power supply systems for the HS2 project, valued at approximately £300 million, with an additional £32 million maintenance contract. This contract aligns with the UK’s decarbonisation efforts and marks a new partnership with Siemens Mobility, enhancing Costain’s positioning in the infrastructure sector.
More about Costain
Costain is a company involved in creating connected, sustainable infrastructure to enhance the quality of life. They offer construction, consulting, and digital expertise to transform and improve infrastructure performance across the UK’s transport, energy, water, and defence markets.
YTD Price Performance: 74.48%
Average Trading Volume: 841,748
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £293M
Learn more about COST stock on TipRanks’ Stock Analysis page.
