Carillion signs £2.9 billion in first half

UK contractor Carillion put in a strong work-winning performance for the first half of 2013, signing £2.9 billion (€3.4 billion) of new and probable orders, up 32% on the first half of 2012.

Recent wins included the £335 million (€390 million) Royal Liverpool Hospital PPP (public-private partnership) contract and the £400 million (€465 million) first phase development at Battersea Power Station in London.

The new orders took Carillion’s total order book up to £18.4 billion (€21.5 billion) at 30 June 2013, compared with £18.1 billion (€21.1 billion) at the end of 2012.

The company also announced a pipeline of contract opportunities worth £37.5 billion (€44 billion).

Carillion also filed an 8% increase in underlying profit from operations.

Carillion chairman Philip Rogerson said, "Carillion's first-half performance was in line with the board's expectations. Despite market conditions remaining challenging, new order intake was strong.''