Over 250% increase in cocaine-related deaths caused by men in 'prime of their life'
Search
17 Dec 2025
Search
17 Dec 2025
Please allow ads as they help fund our trusted local news content.
Kindly add us to your ad blocker whitelist.
If you want further access to Ireland's best local journalism, consider contributing and/or subscribing to our free daily Newsletter .
Support our mission and join our community now.
To continue reading this article, you can subscribe for as little as €0.50 per week which will also give you access to all of our premium content and archived articles!
Alternatively, you can pay €0.50 per article, capped at €1 per day.
Thank you for supporting Ireland's best local journalism!
Infrastructure specialist Costain has revealed a slump in revenues following the completion of road projects and further delays to work on HS2.
However, the London-based firm has said it has seen levels of new work grow amid a boost from the Government’s infrastructure strategy.
Chief executive Alex Vaughan said: “We have delivered another strong performance in the first half of 2025.”
The construction company told shareholders that revenues slid by 17.8% to £525.4 million for the six months to June 30, compared with the same period a year earlier.
It said this was driven by weaker revenues from road projects due to the completion of recent work and the Government’s rephasing of HS2.
Earlier this year, the Government said development on HS2 would be delayed, meaning its first phase would not be completed as originally planned by 2033.
Costain stressed that it saw growth from other parts of its transport business, with increased work linked to Heathrow airport.
It also saw stronger revenues in its energy, defence and nuclear energy divisions.
The firm also reported that adjusted operating profits grew by 3.1% to £16.8 million for the half-year.
Costain said the Government’s infrastructure strategy and regulatory commitments to improvements across a raft of a sectors will provide the business with more work.
In June, the Government said at least £9 billion a year would go to tackling the “soaring maintenance backlog” and fixing crumbling schools, hospitals and prisons over the next decade under its infrastructure programme.
Mr Vaughan said: “The Government’s new Infrastructure Strategy and Infrastructure Pipeline, together with recent regulatory determinations in water, energy and aviation, provide clarity and confidence in the significant growth opportunities in our target markets.
“We are delivering our strategic priorities, investing in the business to support these attractive growth opportunities and are increasingly confident in the Group’s growth prospects.”
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.
This publication supports the work of the Press Council of Ireland and Office of the Press Ombudsman, and our staff operate within the Code of Practice of the Press Council. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, Lo-call 1800 208 080 or email: info@presscouncil.ie.
