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Carillion says on track to meet full-year expectations

Reuters - UK Focus

LONDON, Aug 26 (Reuters) - British support services firm Carillion (Other OTC: CIOIF - news) said it was on track to achieve full-year revenue growth after it posted a strong first half helped by contracts won in 2014 and multiple orders secured in 2015.

The company, which maintains British railways, roads and military bases, said first-half group revenue rose by 21 percent to 2.3 billion pounds ($3.61 billion) for the period ended June 30 from 1.9 billion pounds a year earlier.

Carillion had said in July it expected to see a return to growth in annual revenue for the first time in five years in a trading update. ($1 = 0.6371 pounds) (Reporting by Li-mei Hoang; editing by Kate Holton)