Carillion Plc: One Of The Best Growing Shares In UK
It has proved that the stock investing in one of the best long-term investments in the financial market place. They tend to outperform government bonds, corporate bonds, property and many other types of asset. The stock prices have the chances to increase or decrease but still over the long term they can generate good returns. Stock investing can make your money double. For example buying shares may not give you double money but if you invest for ten of 20 years, these will provide you good returns as the reward. I am sharing about Carillion Plc. which is one of the best ex dividend calendar UK stocks. You should add this to your portfolio.
Carillion Plc.
Overview
It is a United Kingdom-based integrated support services company with a portfolio of public private partnership projects and construction capabilities. The company's operations are in the United Kingdom, the Middle East and North Africa and in Canada. It operates in four business segments which include support services, Public private partnership projects, Middle East construction services and Construction services. In December 2012, the company acquired a 49% of interest in the Bouchier Group. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 index. Its Legal employs over 30 solicitors in England, Dubai and Canada to service the core needs of the Carillion Group, supported by Carillion Advice Services delegating work to the best value resource.
History
Carillion Plc.'s history traces to the companies that had become part of the Tarmac Group by the late 1990s: Tarmac Construction, Wimpey Construction, Cubitts and Mitchell Construction. The company was created in July 1999 by a demerger from Tarmac, which was founded in 1903 and the new company included the former Tarmac Construction contracting business and Tarmac Professional Services.
In September 2001, the company acquired the 51% of GT Rail Maintenance. In the year of 2012 it bought Citex Management Services for $11.5 million and in March 2005 the company acquired Planned Maintenance Group for circa $40 million. In April 2001 the company bought Eagga, an energy efficiency business, for $306 million and after that in December 2011, it announced that 4,500 people were at risk of redundancy in Carillion Energy Services.
Strategies
The company works with the purpose of deliver supportable and profitable growth. It will provide sustainable and money making growth through growing supporting services, Public Private Partnership project and their international businesses. The company's working strategy is supported by commitments to being a recognized leader in Health & Safety and Sustainability, to behaving in accordance with the company's core values and to strong operational and financial risk management. Its strategy includes following points:
Ø It had created a strong and well balanced UK support services and international business mix.
Ø Enabled Carillion to consistently achieve or exceed all its financial and strategic objectives.
In 2011, the company launched a 2020 strategy for sustainability, which forms an integral part of their business plans to support their objectives for growth over the next decade.
Latest announcements
On 3rd July 2013, Carillion Plc. was awarded two contracts by Network Rail-Crossrail West Inner Track Improvements and Crossrail Old Oak Common and Paddington Approaches and Intercity Express Program.
On 8th July 2013, the integrated support services and construction company Carillion announced that it has become a partner of the Supply Chain Sustainability School (SCSS). It was established in 2012. The school aims is to help construction suppliers and subcontractors develop their sustainability knowledge and competence. The company's shares climbed 1p to 318 p during early London trade after the construction group lifted its annual dividend by 2%.
The company's current market capitalization is 1.18 Billion, EPS is 0.37, P/E ratio is 7.39 and the dividend yield is 6.30% at the annual dividend payout of 11.85.
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