Carillion says it is on track after winning Network Rail contracts

Carillion has continued to show signs that it has retained the confidence of its suppliers after it announced two significant contracts with Network Rail. The infrastructure group had a torrid summer after a major profit warning in early July caused its shares to crash 75% in three days. Four months into its rebuilding, it has appointed a new chief executive and strengthened its board, sold a couple of non-core assets, and secured some sizeable contracts. Keith Cochrane, interim chief executive, said: "We are pleased to have ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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