Costain Group PLC (FRA:5JY)
€ 1.26 0.01 (0.8%) Market Cap: 348.92 Mil Enterprise Value: 176.67 Mil PE Ratio: 9.95 PB Ratio: 1.31 GF Score: 48/100
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Full Year 2021 Costain Group PLC Earnings Call Transcript

Mar 09, 2022 / 10:00AM GMT
Release Date Price: €0.466 (+15.92%)
Alexander John Vaughan
Costain Group PLC - CEO, Member of Group Executive Board & Director

Hello, and welcome to Costain's Full Year Results Presentation for 2021. I'm Alex Vaughan, CEO for Costain, and following a brief introduction from me, Helen Willis, our Group CFO, will present the financial results, before I return to provide a strategic update ahead of our facilitated Q&A session.

Now before introducing the results presentation, I wanted to step back and take a moment to talk about how we have changed our business since I became CEO, and to reflect on what we have achieved during 2021. We had another strong year of performance last year, delivering contracts well, securing the right type of new work and increasing our position on consultancy and digital frameworks for our clients, cementing our position as a valuable strategic partner for our clients. We have importantly drawn a line under our contract issues and the loss of which have been contracted as far back as 2016. Having learned the key lessons from these 2 contract issues and operating very differently, Costain is now a

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