Costain Group Earnings Call Transcripts
Fiscal Year 2026
-
Revenue and operating profit grew 3.4% and 3% year-over-year, respectively, with a record £7 billion forward work position and 91% of 2026–2027 revenues already secured. Enhanced shareholder returns, strong cash generation, and sector diversification underpin a positive outlook.
Fiscal Year 2025
-
Strong FY2025 results with adjusted operating profit up 9.3% and margins at 4.5%, despite a 16.4% revenue drop. Record £7bn forward work, robust cash, and increased shareholder returns support confidence in growth for FY2026 and a step change in FY2027.
-
Delivered strong H1 2025 results with rising margins and robust net cash, driven by growth in natural resources and a high-quality forward work position of £5.6bn. Confident in meeting FY 2025 profit guidance and targeting further margin and profit growth into FY 2027.
Fiscal Year 2024
-
Adjusted operating profit rose 7.5% to £43.1m with margin at 3.4%, and net cash reached £158m. Record forward work of £5.4bn and a doubled dividend reflect strong financial health and a positive outlook, with 80% of 2025 revenue already secured.
-
Strong H1 results with operating profit and margins up, robust cash generation, and a £4.3bn forward work position. Strategic contract wins in water, energy, and defense support a positive outlook, with margin and cash targets reaffirmed.