Costain on track for targets

Engineering solutions firm Costain yesterday said it was on track to meet its full-year targets, despite challenging economic conditions. Around 28 per cent of 2012 revenues are from support services, and this is expected to grow. The forward order book currently stands at £2.4bn for the group, with around £1.6bn in revenues secured for 2014 and beyond. Since 1 July, Costain has won several contracts, including a high-profile project worth £288m by Magnox to decommission the UK’s nuclear sites.