In a trading update today, June 30, the West Midlands-based construction firm said that is has continued to perform strongly in the first half of 2008, with overall trading in line with its expectations.
Carillion went on to say that expects to achieve strong double digit growth in underlying earnings per share against the comparable period in 2007, that and it has made good progress with the integration of Alfred McAlpine.
McAlpine was acquired back in February for £545.5million. According to Carillion, it expects ‘the overall benefits of this acquisition to exceed its original expectations.’
The company also revealed its order book at the half year is expected to be in the region of £20 billion, higher than 2007’s £15.8 billion pounds. In addition, it expects to have a pipeline of probable new orders worth approximately £3.5 billion, compared to £2 billion a year ago.
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