Carillion kops for £75m Anfield stand job

WOLVERHAMPTON construction and support services giant Carillion has been appointed preferred bidder for Liverpool Football Club’s main stand expansion.
Together with associated public realm improvements, the deal is estimated to be worth in the region of £75m.
Work on the project is expected to start later this year, subject to planning consent. It is expected to take approximately 20 months to complete..
If planning permission is granted, the proposals would see the capacity of a new main stand rise by approximately 8,300, taking the overall capacity of Anfield to around 54,000.
Carillion plans to carry out the work in a way that will mitigate its impact and keep as much of the existing main stand as possible in operational use throughout the contract.
The firm’s chief executive Richard Howson said: “I believe that being selected for this prestigious project reflects Carillion’s reputation for high standards of quality, health and safety and sustainability.
“We look forward to working closely with Liverpool Football Club to create new world-class facilities at its famous Anfield Stadium.”
Meanwhile, in a first half trading update for the first six months of 2014, Carillion said its performance is in line with expectations and that its full year targets remain unchanged.
It said its first-half revenue is expected to be slightly lower, as previously announced, but that it is on track to resume revenue growth in the full year
New order intake remains strong, with first-half orders and probable orders of £2.7bn.
Cash flow is expected to be strong with profit fully cash-backed and average net debt reducing