Costain has record order book

Costain, the international engineering and construction group, has issued its Interim Management Statement covering the period from 1 January 2010 to the current date stating that;"As a result of a number of significant new contract awards since the beginning of the year, the Group has maintained its order book at the record year-end level of £2.6 billion. In addition, it has preferred bidder positions of over £600 million, ahead of the level at the end of 2009."

It also reveals that its Infrastructure division, which focuses on the Group's activities in the highways, rail and airports sectors, has continued to perform well. Since the beginning of the year, Costain, in joint venture, has been awarded a five-year £115 million Managing Agent Contractor ('MAC') contract to carry out routine operational and maintenance services in Area 14, which covers the North-East of England. This fourth MAC contract has helped to establish Costain as a major player in the UK highways maintenance market.