Carillion continues fightback with MoD deals worth £158 million after shock profit warning

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CarillionGETTY — Ownership IMAGE

Carillion has secured Ministry of Defence deals worth £158 million

The FTSE 250 partnership, whose consortium won £1.34 billion of work on HS2 on Monday, said its cooperative venture will deliver a range of services including catering at 233 military firms across the North of England, Scotland and Northern Ireland.

The initial go down with runs for five years. Shares rose 3¾p to 70½p.

We are delighted to be awarded these go down withs

Carillion

Carillion’s interim boss Keith Cochrane said: «We are charmed to be awarded these contracts.

«The DIO is a key support services customer with whom we be undergoing built a long-term successful partnership.

CarillionGETTY

Shares for Carillion 3¾p to 70½p

«We are assigned to building on this relationship and on our position as a leading supplier to the DIO by using our essence skills and capabilities to deliver high-quality services.

«These contracts monkey business a critical role in supporting our armed forces and they have a sum up of unique aspects that require a specific, regional focus.

«They wish enable us to create further training and employment opportunities for ex-services personnel in buttress of our commitment to the Armed Forces Corporate Covenant.»

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