Share Tip: Costain Group – looking for a good set of 2024 results and positive statement

Next Tuesday morning, 11th March, will see the Costain Group (LON:COST), the UK infrastructure engineering business, declare its annual results for the year to end-December 2024. 

We already know that the group’s revenues will show up slightly lower, while it will have increased its profits for the year. 

The company, which is capitalised at £282m, which last year could have made £46.5m of profits, also had around £134m of cash in its group bank accounts. 

What is more its shares, which are currently around 105p each, are trading on just 8.5 times historic and 7.4 time...

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