UK construction arm outperforms expectations

Contractor and support services provider Interserve has seen its orders for the year hit £1bn, it announced in a statement to the city today.

The firm said its UK construction arm had outperformed expectations and offset weaknesses in foreign markets.

Adrian Ringrose, chief executive, said: “Interserve is trading well, expanding our already strong client relationships.

“This is reflected in revenue growth and a healthy future workload. Additionally, we have executed our strategy through the acquisition of BEST, a public services business, and have unlocked further value from our PFI portfolio.”

Recently the firm has won work with a selection of private and public sector clients including the Ministry of Justice, Alder Hey Children’s Trust, Ladbrokes, Sainsbury’s and National Grid.