Costain Group PLC Board has declared an interim dividend of 1.0p per ordinary share for the six months ended 30 June 2025, representing a significant increase on the FY 24 interim dividend per share of 0.4p.
The interim dividend will be paid on 17 October 2025 to shareholders on the register at the close of business on 12 September 2025. Payment of the interim dividend will be both as a cash dividend and scrip dividend alternative. Shareholders wishing to join the scrip dividend scheme should return a completed mandate form to the Registrar, Equiniti, by 26 September 2025. The scrip reference price will be announced on 18 September 2025.
Other financial highlights include:
Revenue of £525.4m (H1 24: £639.3m), with growth in Natural Resources offset by a reduction in Transportation from expected Road project completions and a rephased schedule from HS2.
Quality of contracts and strong execution drives 3.1% increase in adjusted operating profit to £16.8m (H1 24: £16.3m) and a 70bps rise in adjusted operating margin1 to 3.2% (H1 24: 2.5%).
Confident in delivery of adjusted operating margin run-rate target of 4.5% during FY 25.
Reported operating profit increase of 18% to £16.4m (H1 24: £13.9m), reflecting a reduction in adjusting items following the completion of the Transformation programme.
Adjusted EPS of 5.5p (H1 24: 5.6p), with adjusted operating profit increase offset by lower net finance income. Reported EPS of 5.4p (H1 24: 5.0p).
Increased high quality forward work position of £5.6bn (FY 24: £5.4bn, H1 24: £4.3bn), more than four times FY 24 revenue, and bidding activity levels remain high.
Strong balance sheet, with net cash of £144.9m (FY 24: £158.5m, H1 24: £166.0m), year-end net cash expected to be around £170m.
