WOLVERHAMPTON support services giant Carillion says trading is in line with expectations but has warned revenue will be lower than in the first half of 2011.

In an update to the Stock Exchange on first half 2012 trading, the firm says the planned re-scaling of UK construction, together with the timing of project starts in the Middle East, means total revenue will be lower than in the corresponding period last year.

But it says its total operating margin is expected to increase and its cash flow and balance sheet rema......for the full story register now for free or login below...