Carillion looks to double international business

Building firm Carillion said it would look to double revenue from its international business and grow its support services operation in Britain as public sector clients look to cut costs.

Carillion also said on it expected to deliver good growth in pre-tax profit and earnings per share in 2010.

"The group is well positioned to make further progress in 2011 and to deliver its objectives for medium term growth, namely doubling the revenues of our international businesses, while delivering substantial growth in UK support services as a result of the expected increase in outsourcing by public sector customers seeking to reduce costs," it said in a statement.

Carillion said the decision it made in May 2010 to reduce the size of its construction business in Britain by a third had put it in a strong position to manage the impact of a reduction in capital investment by the government over the next four years, announced in October's Spending Review.

The company said, in the second half of the year, additions to its order book had so far exceeded £1bn.