LONDON (ShareCast) - Carillion, which provides support services for construction businesses, said it continued to perform strongly in the first half with overall trading in line with expectations.
The group said its outlook remains positive and expects to achieve strong double digit growth in underlying earnings per share compared with the same period the year before.
Carillion, which last week announced its Middle East joint venture had negotiated five new orders in Dubai and Abu Dhabi worth around £1.1bn, said its Middle East business continues to deliver strong growth, helped by a strong order book.
The group's order book at the half year is expected to be in the region of £20bn compared with £15.8bn the year before. It also expects to have a pipeline of probable new orders worth around £3.5bn, up from £2bn in 2007.