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Costain
Annual Report 2020 highlights

Overview

Focusing on urgent national needs

We continue to work with industry, transport and energy utilities to shape the decarbonised energy systems of the future. These will safeguard security of supply and support the UK’s journey towards net zero carbon, aligned with the UK Government’s Energy White Paper and £12 billion Ten Point Plan for a Green Industrial Revolution.

Decarbonisation; decentralisation; enhancing efficiency, improving resilience and reducing cost of decommissioning legacy assets.

We continue to provide leading edge, technology-based solutions to UK water utility companies across the lifecycle of their assets. In 2020 we were at the front end of clients’ delivery strategies in AMP7 helping them to drive safer, faster, greener, better and more efficient capital programmes and asset operations.

Improved regulatory performance and customer service; lower water bills; digitisation of assets; increased asset resilience; environmental protection; carbon reduction and embedded social value.

We deliver major infrastructure programmes in line with the levelling up agenda for economic growth and which support the UK’s decarbonisation ambitions. We have continued to deliver complex programmes which increase the capacity of the transport network, enhance the customer experience and improve journey times and safety.

Safe and seamless journeys; improving network capacity and air quality; increasing connectivity and data capture; transition to a low carbon future and lowering capital expenditure and maintenance costs.

We continue to successfully position as the consultant of choice for delivery of national strategic defence infrastructure programmes. Our services cover fully managed and strategic advisory services, backed by digital solutions which achieve improved value for money outcomes for our clients. We are leveraging 150 years of delivering complex programmes, our leading edge digital technology solutions, behavioural science work and P3M expertise to help clients transform performance of infrastructure investments.

A trusted partner on complex, mission critical equipment programmes; improved value for money certainty; equipment programme continuity and change control; improved performance; security of data and reduction in through life costs of assets.

Financial highlights

£1,070.5m

Adjusted Group revenue

£13.9m

Adjusted profit before tax

£102.9m

Net cash balance

£978.4m

Reported Group revenue

5.8p

Adjusted basic earnings/(loss) per share

£18m

Adjusted operating profit

Responsible business highlights

Percentage of our total spend with SMEs

43%

Amount of carbon saved through the implementation of our Resource Efficiency Matrix

543,000 tCO2eq

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