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Revenue figure likely to be down, warns Carillion

4th October 2012

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WOLVERHAMPTON support services and construction giant Carillion has warned shareholders that full-year revenue is likely to be lower than in 2011.

But it says it expects to deliver improvements in operating profit and total operating margin.

In a third quarter interim management statement, the firm said revenue is likely to be reduced primarily due to the planned re-scaling of its UK construction activities to align these activities with the shrinking UK market.

Carillion said the performance of, and outlook ......for the full story register now for free or login below...


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