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News 47

Carillion boosted by Canada contracts

Support services and construction firm Carillion said its pipeline of potential work had grown to £35 billion in the first half of 2012 as British local authority work and private finance projects in Canada increase.

The group, which maintains railways and military bases and has a strong construction presence in Canada and the Middle East, said it remained on track to meet full-year expectations but as expected first half revenue would be lower than in 2011.

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