Carillon New Orders Weaken In Second Half

Carillon CLLN A full year trading update shows strong revenue growth and increased operating profits for 2016 and net borrowings down from the half year level. Margins in support services have also been strong. Despite this the new order intake slowed in the second half and current expectations are that the total value of new […]

Stagecoach Rushes to Brexit; Payment Expected Sometime

Stagecoach Group SGC has announced the sudden disposal of its Megabus Europe retail operations to Flix Bus.  It is not getting a single penny in cash and completion is at the end of this week. All it is getting is a loan note for an unspecified amount which it expects to be paid by the […]

Record year for Costain vs Stagecoach slowdown

Costain (COST) is raising its final dividend by 16% after  strong trading in 2015  saw underlying operating  profit also up by 16%.  The year ended with a record order book, 11 % up on 2014 and over 90 of which are repeat orders. The share price fell back from its September peak of 395p to […]