Executive Summary
Costain Group plc is an international engineering and construction group. It operates four divisions: i) Civil Engineering work in marine, airport, public health, road, rail and energy sectors; ii) Building, iii) Oil, Gas and Process and iv) International operation which provides construction management services to a number of major commercial, retail and hotel projects operation. The Group operates in the United Kingdom, the United States of America, Zimbabwe, the United Arab Emirates, Botswana and Malaysia.
Revenue for the year to 31 December 2007 was £877.9 million and operating profit was £16.5m.
Company History
- Costain dates back to 1865 when Richard Costain founded the original construction business in Liverpool.
- Costain was floated as a public company in 1933 with a share capital of £600,000.
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Projects undertaken by or involving the Company have included Dubai International Airport completed in 1960, the Channel Tunnel completed in 1994, the Tsing Ma Bridge in Hong Kong completed in 1997, and the King's Cross Western Ticketing Hall completed in 2006.[1]
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