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UK construction firm Costain saw an 18% rise in profit to £36.5m in 2024, despite lower turnover.
UK construction firm Costain reported an 18% increase in pre-tax profit for 2024, reaching £36.5m despite a reduction in turnover.
The company's profit rise is due to improved efficiency, project management, and new contracts.
Costain's CEO expects to hit a 5% margin target by 2025, with a growing order book of £5.4bn and plans to double its dividend.
The company anticipates further growth through 2026, with significant improvements expected in 2027.
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La empresa constructora británica Costain registró un aumento del 18% en sus beneficios hasta los 36,5 millones de libras esterlinas en 2024, a pesar de una menor facturación.