Company News Roundup: 24 February 2015

Last Updated:

20th February 2015

Greg Craig and Kelly Gangotra promoted to Skanska management executive

Skanska UK has strengthened it UK executive management team with the promotion of two members of staff.

Greg Craig and Kelly Gangotra have been promoted to the management executive.

Company page: Skanska UK

Morgan Sindall profit falls 19 per cent for FY 2014

Morgan Sindall has posted a 19 per cent drop in its group profit before tax for the year ended 31 December 2014.

In its latest accounts, the contactor said profit before tax had fallen to £25.2m for the period, from £31.3m the year before.

Company page: Morgan Sindall

Royal Bam reveals losses in UK operation

Royal Bam Group’s’ recovery programme is making progress, despite the company’s UK operation recording a loss last year.

According to a statement to the stock market this morning, the UK arm made a €3.4m (£2.5m) loss on revenue of €2.08bn (£1.54bn) for FY 2014, compared with a €19.6m (£14.5m) profit on revenue of €1.88bn (£1.39bn) in 2013.

Company page: Royal Bam

Balfour Beatty bags £11.6m M40 improvement contract

Balfour Beatty Civil Engineering has been appointed to carry out upgrade works to junction 12 of the M40 in a deal worth £11.6m.

The new scheme, near Gaydon, will begin on site in March.

The project aims to cut queuing times, boost safety and unlock potential economic growth in the area.

Company page: Balfour Beatty

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Last Updated:

20th February 2015

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