Company News Roundup: 12th February 2013

Last Updated:

11th February 2013

Skanska profits climb as orders rocket 23pc

Skanska UK saw profits and margins increase in 2012 as its order book rose almost 23 per cent, it announced today. Reporting results for the year to December 2012, it said revenue was £1.16bn, down 4.5 per cent on the £1.22bn last year. Operating profit rose 4.2 per cent to £42.1m from £40.4m, with operating margins up from 3.3 per cent to 3.6 per cent. Orders rose 23 per cent from £878m to £1.08bn, while the order backlog was down 5 per cent from £1.89bn to £1.8bn.

Company Profile: Skanska Construction

Balfour Beatty joint venture wins £64M Dubai Airport contract

Source: New Civil Engineer

Dubai Aviation Engineering Projects has awarded a Balfour Beatty joint venture a £64M mechanical and electrical engineering contract at Dubai Airport .

Company Profile: Balfour Beatty

BAM to build Zaha Hadid's Oxford landmark

Source: The Construction Index

BAM is to build an £11m addition to the University of Oxford’s Middle East Centre, designed by architect Dame Zaha Hadid.The contractor is due to start on site at St Antony’s College this month to deliver the £11m Softbridge building, to be built between two listed buildings.The new facility will have three storeys plus and a basement, housing a library and reading room, an auditorium, a café and archive storage rooms. Hadid’s use of glass curtain walling and steel cladding is expected to make the building a new landmark within the city. FSC-approved timber will be used to boost the project’s sustainability credentials.

Company Profile: BAM

Laing O’Rourke set for £50m Welsh super school

Source: Construction Enquirer

Laing O’Rourke has been asked to put together a final target price to build the planned Aberdare super school in the Cynon Valley. According to project sources the contractor has signed a NEC professional services contract to work up a price for the Michael Sobell Centre redevelopment.“All being well the building project will then get underway in May or June,” the insider told the Enquirer. The redevelopment includes a 1,600-pupil secondary school and community leisure complex, which are budgeted to cost around £50m.

Company Profile: Laing O'Rourke