Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Carillion debt is down

Carillion has cut its debt to below £150M, the contractor said in a trading statement for the first half of 2007.
Debt in the first six months of the year has been reduced from £165M to below £150M but Carillion claimed that it was on course to cut debt to below £100M by the end of the year.The trading statement says: 'Having successfully integrated Carillion and Mowlem businesses earlier than we expected, and with overall trading in our markets remaining positive, the group has continued to make progress towards our previously announced objective of delivering savings.'The statement added that following the merger with Mowlem, the group's order book stood at a record £16bn.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.