Thursday, May 21, 2009

Carillion tops CJ50 for April thanks to jumbo airport win

Carillion flew to the top of the CJ50 in April having landed the contract to provide structured cabling at a satellite terminal at Heathrow Airport. The firm won over half a billion pounds worth of work from 13 contracts, making up a sixth of all work let in April.

At ВЈ2.8bn the total amount of work let was higher than the 12 month average, which stands at ВЈ2.55bn. Like the past four months infrastructure accounted for almost half of all work let, with the public sector accounting for a further quarter.

Alongside its Heathrow win, Carillion secured a trio of lucrative rail jobs including the ВЈ90m North London Line enhancement project, the ВЈ80m Airdrie to Bathgate rail link and the ВЈ31m Great Easter overhead line enabling works, all for Network Rail.


Carillion tops CJ50 for April thanks to jumbo airport win


The schemes cemented Carillion’s third place in the rolling 12-month total, though Costain made sure it didn’t create too much distance by taking seconds place in April and moving up to fourth in the 12 month table.

Costain won ВЈ409m worth of work, the majority of which was thanks to a deal with Greater Manchester Waste Disposal Authority to build new waste facilities in the city. It will be working for a joint venture of John Laing and waste contractor Viridor, who are delivering a 25 year waste services contract worth ВЈ3bn.

Also making a rare appearance in the top three thanks to a glut of rail work, Amey won £329m worth of work, the majority of which was civils contracts. As a member of Network Rail’s Civil Examination Framework Agreement it will soon start of £50m contracts in all five framework territories, putting the firm on track for ninth place in the rolling 12 month table.

Dropping two places to fourth Balfour Beatty won 53 contracts worth ВЈ266m across every sector except industrial. Its most significant was a ВЈ170m PFI deal for the NHS in Fife.

Meanwhile, Galliford Try moved up six places to fifth, its ВЈ200m haul including a ВЈ103m deal to restore St Pancras Chambers, the ВЈ25m вЂbig build’ scheme at Oakham in Rutland and a ВЈ16m highways framework in Wales.

Elsewhere Bam Construct dropped two places to sixth in the rolling 12 month table after not registering in April, passing Morgan Sindall who moved up one place to fifth.