Are Costain in trouble?

Are Costain in trouble? Because it has plenty of assets, it is unlikely to have trouble with its lenders. Succinctly put, Costain Group boasts net cash, so it’s fair to say it does not have

Are Costain in trouble?

Because it has plenty of assets, it is unlikely to have trouble with its lenders. Succinctly put, Costain Group boasts net cash, so it’s fair to say it does not have a heavy debt load! There’s no doubt that we learn most about debt from the balance sheet.

What happened to Costain?

In April 2019, Costain was suspended from the UK Government’s Prompt Payment Code, for failing to pay suppliers on time. It was reinstated in July 2019.

How many people work for Costain?

3,400 people
Go to www.costain.com/careers Today, we employ around 3,400 people and are one of the nation’s Top 100 Most Admired companies and have been named in the Times Top Employers for Women 2021.

What do Costain Group do?

We are a leading provider of engineering solutions to UK water utility companies across the asset lifecycle. We are supporting the decarbonisation of the UK’s energy infrastructure by improving existing asset efficiency and life extension while leading the transition to a sustainable clean, green energy future.

Why is Costain share price dropping?

Despite the negatives, Costain does have some strong tailwinds too. Its highways solutions have benefited from renewed investment commitments from the UK government. Its recent equity raising diluted the ownership of existing shareholders and sent the Costain share price sharply downward.

Does Costain pay dividends?

The Company has not paid a 2019 final dividend, 2020 interim dividend or 2020 final dividend.

Why are Costain shares so low?

Costain’s shares have plunged around 80 per cent since the company announced its plans for a £100m equity injection last week. The firm has been caught up in the heavy sell-off of shares around the world in response to fears of the economic impact of the coronavirus pandemic.

Why is Costain share price so low?

It’s not all bad. Despite the negatives, Costain does have some strong tailwinds too. Its highways solutions have benefited from renewed investment commitments from the UK government. Its recent equity raising diluted the ownership of existing shareholders and sent the Costain share price sharply downward.

What is the meaning of Costain?

Costain is a surname of English, Scottish and Manx origin. When originating in Scotland and northern Ireland the surname is an Anglicisation of the Gaelic Mac Austain, meaning “son of Austin”. The English surname is a reduced form of Constant or Constantine.

What did Costain build?

Costain completed Hong Kong’s first cross-harbour tunnel in 1972 – a 1,850 metre steel immersed tube tunnel. More than 10,500 drawings were needed to design the £232 million Dubai Dry Dock. Costain owned, developed and built Dolphin Square in the 1930s – then the largest block of flats in Europe.

Is Costain a good company to work for?

Costain has been named in the ‘Top 100 Companies for Graduates to Work For’ by the UK’s leading graduate job review website, TheJobCrowd.

Is Costain a good share to buy?

Costain Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

How long does it take to get a job at Costain?

At Costain, we look for skilled, energetic and motivated students and graduates who are committed to making us the leader in meeting national needs. We require a 2:1 degree or above in a relevant degree subject (this will depend on the job). Our graduate vacancies open in September/ October each year and normally close at the end of December.

What can I do with Costain graduate degree?

Costain provides a career in a well-recognised and respected organisation. As a member of our graduate programme, you will: Be able to access a company-approved further-learning scheme so BEng graduates can bridge the gap to MEng learning whilst saving a year’s tuition fees.

What kind of jobs are available in Costain?

We’re looking for skilled, expert and motivated people who’ll help us meet national needs in transportation, energy and water. We have a vibrant, challenging and growing business – an environment that provides tremendous opportunities for everybody.

Do you have to pay to join Costain?

Please note Costain will never ask for payment as part of a recruitment or offer process or for you to email personal data. We can also confirm that Costain does not use Googlehangouts for interview invites.