Annual Report 2016 Highlights


Focusing on essential national needs

National need:
Consultancy, Complex delivery, Asset optimisation
Thames Water UK

Costain is playing a central role in the delivery of the AMP6 five year programme, as part of the eight2O alliance on behalf of Thames Water.

Our focus is on improving and maintaining water quality standards, supply resilience and meeting anticipated demographic shifts. Costain is deploying its full range of integrated capabilities to deliver improved customer service, innovative solutions and achieve significant total expenditure efficiency savings.

eight2O is a revolutionary platform delivering the AMP programme for Thames Water. We have a fantastic team with a diverse skillset, from design to delivery to asset integration. Working on this programme is a fantastic opportunity for us to develop our presence within the water sector and we look forward to further collaboration in the future.

Craig Reade | Head of Delivery CABV JV of eight2O
National need:
National Grid

Ensuring that the UK has a secure and reliable energy mix is another area of national need in which Costain is playing a key role.

Following completion of a successful Front End Engineering Design (FEED) project, via competitive tender, Costain was awarded a contract by National Grid to upgrade its Peterborough and Huntingdon compressor stations. The primary driver for the programme is to reduce emissions associated with moving gas around the UK to support EU legislation; added benefits include increased system resilience and reduced overall risk on the National Transmission System by replacing ageing assets with modern, efficient equipment.

This has been a fantastic project to be involved with and has been a great demonstration of our project management capabilities including the deployment of technology-based solutions. We are delivering a high quality result for National Grid.

Gerard Shore | Director, Oil & Gas
National need:
Consultancy, Technology
Highways England

Costain is playing a key role keeping the UK’s strategic road network open and available for safe use by and in the future.

Technology-based solutions are ensuring that motorways and other major roads can manage ever-increasing volumes. New technologies are enabling us to upgrade our existing infrastructure and Costain is leading the design and delivery on many of the UK’s Smart Motorways. The recent acquisition of SSL has further enhanced Costain’s technology offering.

Costain’s Smart Motorways technology will minimise disruption and ensure greater reliability on one of the country’s essential strategic roads.

Mal Bell | Project Director, M1 J28-35a Smart Motorway Scheme

Financial highlights


Revenue (including share of joint ventures and associates)


Underlying operating profit


Underlying profit before tax


Net cash balance


Underlying basic earnings per share


Dividend per share

Environmental and social highlights

Supply chain performance


CO2 emissions (18,523 t CO2e)


12,000 hours

In 2016 our employees volunteered over 12,000 hours.