UK construction and engineering company Costain said it is considering bringing back its dividend payments after a strong first-half performance in which is strengthened its balance sheet and refinanced debt.
Engineering and consultancy company Wood Group on lifted annual earnings guidance after winning major contracts as it posted better-than-expected adjusted interim earnings, driven by a strong order book.
Infrastructure giant Balfour Beatty reported a solid first-half performance on Wednesday, particularly in its earnings-based businesses, as it remained on target to meet its full-year expectations.
UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.