Costain (www.costain.com), the Maidenhead-based engineering group, has reported a strong financial performance for the year to 31 December, recording a turnover of £1.57 billion, up from £1.26 billion a year earlier, underlying pre-tax profits that grew from £29.9 million to £37.5 million, and pre-tax profits up from £26 million to £30.9 million.


Chairman Paul Golby said: “I am pleased to report that Costain has delivered another strong result — with continued growth in both revenues and profits — and has maintained a record high-quality forward order book.”

Mr Golby attributed the group’s continuing success to its Engineering Tomorrow strategy, which has “successfully positioned the business to provide the range of innovative integrated services demanded by our major customers, who are spending billions of pounds on projects — underpinned by legislation, regulation or essential capital spend in the UK — upgrading and renewing the energy, water and transportation infrastructures”.