Carillion plc


Carillion plc

Infobox Company
company_name = Carillion plc
company_
company_type = Public (lse|CLLN)
foundation = 1999 (demerged from Tarmac, founded in 1903)
location = Wolverhampton, UK
key_people = Philip Rogerson, Chairman
John McDonough, CEO
industry = Construction, Civil engineering
products =
revenue = £3,952 million (2007)
operating_income = £101.8 million (2007)
net_income = £78.5 million (2007)
num_employees = circa 50,000 (2007) [cite web |url=http://www.carillionplc.com/about/about.asp |title=About Us |publisher=Carillion |accessdate=2008-07-13]
parent =
subsid =
homepage = [http://www.carillionplc.com www.carillionplc.com]
slogan = Making tomorrow a better place
footnotes =

Carillion plc (lse|CLLN) is a British-based construction-services business headquartered in Wolverhampton, West Midlands. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Carillion undertakes a range of construction projects, including roads and hospitals, and also provides facilities-management services. Most of its business is in the United Kingdom, but it also operates in several other regions, such as Canada and the Middle East.

Carillion has been consistently profitable since its launch in 1999. Turnover in 2007 was £3,952m and profit before tax and exceptional items was £101.8m.

History

Carillion was created in July 1999 by a demerger from Tarmac, which was founded in 1903. [cite web |url=http://news.bbc.co.uk/1/hi/business/the_company_file/297579.stm |title=Tarmac to split in two |publisher="BBC News" |date=1999-03-16 |accessdate=2008-07-13]

In March 2005, Carillion acquired Planned Maintenance Group for circa £40 million. [cite web |url=http://findarticles.com/p/articles/mi_qn4158/is_20050310/ai_n12830274 |title=Carillion is still building value |publisher="The Independent" (republished by Findarticles.com) |author=Saeed Shah |date=2005-03-10 |accessdate=2008-07-13] In February 2006, Carillion acquired Mowlem, another UK support-services firm, for circa £350 million. [cite web |url=http://news.bbc.co.uk/1/hi/business/4505826.stm |title=Construction firms agree takeover |publisher="BBC News" |date=2005-12-07 |accessdate=2008-07-13] In February 2008, Carillion acquired Alfred McAlpine, another UK support-services firm, for £572 million. [cite web |url=http://news.bbc.co.uk/1/hi/business/7135893.stm |title=Carillion agrees to buy McAlpine |publisher="BBC News" |date=2007-12-10 |accessdate=2008-07-13]

Operations

Carillion now has four divisions: Building, Business Services, Infrastructure and International. [cite web |url=http://www.contractjournal.com/Articles/2007/12/21/57168/carillion+restructure+will+accommodate+arrival+of+alfred+mcalpine.htm |title=Carillion restructure will accommodate arrival of Alfred McAlpine |publisher="Contract Journal" |date=2007-12-21 |author=John Leitch |accessdate=2008-07-13]

Major projects

Major projects involving Carillion have included new facilities for the Royal Opera House completed in 2000, [cite web |url=http://www.carillionplc.com/sectors/sectors_leisure_opera.asp |title=Royal Opera House |publisher=Carillion |accessdate=2008-07-13] the Tate Modern completed in 2000, [cite web |url=http://www.carillionplc.com/sectors/sectors_leisure_tate.asp |title=Tate Modern |publisher=Carillion |accessdate=2008-07-13] the Grand Mosque in Oman completed in 2001, [cite web |url=http://www.alawient.com/text/group/carillion.htm |title=Carillion |publisher=Alawi Enterprises L.L.C. |accessdate=2008-07-13] the Copenhagen Metro completed in 2002, [cite web |url=http://www.encyclopedia.com/doc/1G1-58673331.html |title=Copenhagen's First Metro Line Takes Shape |publisher="International Railway Journal" (republished by High Beam) |date=1999-09-01 |accessdate=2008-07-13] Government Communications Headquarters (GCHQ) completed in 2003, [cite web |url=http://news.bbc.co.uk/1/hi/business/931773.stm |title=Carillion set for growth |publisher="BBC News" |date=2000-09-19 |accessdate=2008-07-13] the M6 Toll completed in 2003, [cite web |url=http://www.iht.org/motorway/m6toll.htm |title=M6 Toll (formerly Birmingham Northern Relief Road) |publisher=The Motorway Archive |accessdate=2008-07-13] Beetham Tower Manchester completed in 2006, [cite web |url=http://www.skyscrapernews.com/buildings.php?id=132 |title=Beetham Tower Manchester |publisher=Skyscraper News |accessdate=2008-07-13] new facilities for the John Radcliffe Hospital completed in 2006, [cite web |url=http://www.oxfordradcliffe.nhs.uk/news/newsrecords/On%20the%20Roof%20for%20the%20Oxford%20Childrens%20Hospital%20Lord%20Drayson%20tops%20out%20the%20Oxford%20Childrens%20Hospit.aspx |title=On the Roof for the Oxford Children's Hospital: Lord Drayson 'tops out' the Oxford Children's Hospital. |publisher=Oxford Radcliffe Hospitals NHS Trust |accessdate=2008-07-13] the Sheppey Crossing completed in 2006 [cite web |url=http://www.gnn.gov.uk/content/detail.asp?NewsAreaID=2&ReleaseID=211645 |title=New high level bridge boosts jobs and regeneration in North Kent |publisher=Highways Agency (London) |date=2006-07-03 |accessdate=2008-07-13] and High Speed 1 completed in 2007. [cite web |url=http://www.highspeed1.com/downloads%5C22%5Chs1s2contracts.pdf |title=Section 2 Major Contracts - Descriptions |publisher=High Speed 1 |format=pdf |accessdate=2008-07-13]

References

External links

* [http://www.carillionplc.com Official site]
* [http://uk.finance.yahoo.com/q/pr?s=CLLN.L Yahoo profile]


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