Carillion suffers a reduction in revenues but increases underlying earnings

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Carillion suffers a reduction in revenues but increases underlying earnings Carillion Plc.  has published its 2012 results stating a robust performance with underlying earnings slightly ahead of market consensus forecast. Find below a few highlights if their results:• Total revenue £4.4bn (2011: £5.1bn)
  • reduction primarily due to planned rescaling of UK construction
  • smaller reductions in Middle East and Canada construction
• Underlying profit from operations £232.4m
  • up 2.2% on restated 2011 figure of £227.4m
  • up 7.6% on previously reported 2011 figure of £215.9m
• Total Group underlying operating margin up to 5.7% (2011: 4.9%) Visit presentation

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