Costain's objective is to meet the needs of stakeholders. Responsibility is at the core of everything we decide and do.
Costain cares about our natural and built environment; our relationships with all our stakeholders; and fundamentally, about the future of the UK.
Our Choosing Costain strategy is designed to meet the needs of blue-chip customers. It delivers solutions across infrastructure (highways, rail and airports); environment (water and waste); energy & process (nuclear, power, and hydrocarbons and chemicals). Increasingly we provide consultancy and maintenance as well as construction.
These are some of the challenges the UK faces: 300 landfill sites are due to close by 2020 because of environmental regulation; there is a 55 gigawatt energy gap; rail passenger miles and rail freight may double by 2035; vehicle miles travelled have more than doubled in the last 30 years; and water use has increased by almost 50% in the last 25 years.
Costain is working with our customers to help meet these challenges.
Costain has a focused strategy of targeting billions of pounds of infrastructure investment and meeting customers’ needs. The management team has repositioned the company as a Tier One engineering solutions provider aligned with blue chip customers.
Services include consultancy, construction and care to give breadth and scale to the business.
Costain has a blue chip customer base and 80% of the revenue represents repeat business. We have a quality order book of £2.3 billion in longer-term contracts to meet national needs.
Innovation is at the heart of the business and enables us to provide the solutions demanded by our customers .
Our growth strategy includes making strategic acquisitions. There is an ambition to double profit in the medium term.
Costain cares about all stakeholders and responsibility is at the core of the business.