Costain’s order book of £2.5bn, up from £2.4bn at the start of 2011, includes more than £650m of work secured for 2012 and more than £1.8bn for 2013 and beyond. It is also preferred bidders for a further £400m of work.
Chief executive Andrew Wyllie said: "We have continued to benefit throughout this year from the implementation of our 'Choosing Costain' strategy, which has been to focus on blue chip customers in chosen sectors whose major spending plans are underpinned by strategic national needs, regulatory commitments or essential maintenance requirements."
Focussing on major clients and pursuing projects of national strategic importance brought Costain several significant contract wins during 2011, including:
- London Bridge Station redevelopment for Network Rail
- Crossrail Paddington Station and advanced works at Crossrail Bond Street
- A465 Heads of the Valleys road for the Welsh government
- Contracts for Northumbrian Water AMP5 and Severn Trent
- Energy Technologies Institute (ETI) development of carbon capture technology
- Decommissioning contract at Trawsfynydd nuclear site.
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