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Carillion sees profit rise

Carillon has seen its underlying operations profit grow considerably over the last six financial months.

The firm’s report for the six months until 30 June 2016 says its performance was led by revenue growth in support services, which accounted for almost two thirds of total operating profit.

The average net borrowing was comparable to the same period last year and therefore in line with expectations.

Chairman Philip Green said: “I am pleased to report that the group’s first-half results are in line with our expectations, led by a strong performance in our support services business, which accounted for nearly two thirds of the group’s underlying operating profit. New order intake in the first half of the year has been strong and continues to reflect the success of our strategy and strength of our business model. Overall, we remain on track to make further progress in 2016.”

About Charlie Kortens

Charlie Kortens

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