Costain finishes H1 with more cash despite profit fall

23 Aug 2023 By Ben Vogel

Digital Edition: Costain finishes H1 with more cash despite profit fall

Costain improved its net cash position in the first half (H1) of this year compared with H1 2022, despite a lower revenue, pre-tax profit and operating margin. The firm had £132.1m in cash on 30 June, marking a 38 per cent year-on-year increase. Chief executive…

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