Carillion buoyant after winning contracts worth £200m
WOLVERHAMPTON-based construction and services giant Carillion has won contracts worth an estimated £192m.
Carillion Alawi has been awarded a £92m contract by The Oman Hospitality Company SAOC to build the Kempinski Wave Hotel in Muscat, Oman., while West Sussex County Council has chosen Carillion as preferred bidder for its Sussex Energy Saving Programme which is worth up to some £100m to the firm.
The 24 month Oman contract, which is to start this month, involves the construction of a beach front resort including a 309-room, five-star hotel and 77 hotel apartments, to be operated by Kempinski Hotels.
Carillion Alawi has previously delivered projects worth £75m for The Wave, Muscat development.
Carillion chief executive Richard Howson said: “We are delighted to have been selected to deliver this contract, which follows a number of significant recent contract wins in Oman and reflects Carillion Alawi’s reputation for delivering high-quality projects.
“We look forward to continuing the strong relationship we have already established with The Oman Hospitality Company SAOC and to working together to deliver this prestigious hotel.”
Meanwhile, West Sussex County Council, which led the procurement for the Sussex Energy Saving Partnership (SESP), has selected Carillion as its preferred bidder for delivering energy saving initiatives in Sussex.
The ten-year contract, which is expected to generate up to £100m of revenue for Carillion over ten years, aims to deliver energy savings of £30m per annum for Sussex residents over 20 years.
Detailed planning will now start with a view to launching the programme early in 2014.
Louise Goldsmith, leader of West Sussex County Council, said: “Carillion has shown commitment to Sussex and the local economy, in-depth awareness of our supply chain and customers, openness and flexibility and a real understanding of working in partnership with the council and our many partners.”
In a statement to the London Stock Exchange this morning, Carillion said trading in the third quarter of 2013 has remained in line with the guidance it gave at the time of its half-year results announcement and it expects to deliver full-year underlying profit and earnings in line with market expectations.
“Our order book and pipeline of contract opportunities both remain strong and continue to support our expectations for 2013 and our medium-term targets for growth, which remain unchanged,” it said.
