Costain operating profit down a third to £7.6m

A sharp fall in profits at Costain’s transportation division dragged down group profits from operations by a third in the first half of the year.
Costain’s overall performance was also impacted by added costs of repositioning digital services towards growth and the firm’s ongoing Transformation programme.
Group revenue remained flat at £664m as falls in highways work were offset by rail and turnover at the natural resources division remained stable in the six months to Ju