Costain on track for step change to 5% margin

Costain chief Alex Vaughaun this morning predicted the business was on course to hit its 5% margin target for 2025 on the back of swelling demand from its key infrastructure markets.
The contractor delivered pre-tax profit last year slightly ahead of expectations, up 18% to £36.5m and said it was starting to reap rewards from rising spending in its key energy, water, defence and transportation markets.
Revenue in the year-end to December 2024 dipped 6% largely, due to slower activity in hi