Interserve bags £1bn workload
11 July 2012
Support services giant Interserve has won over £1bn of new work during 2012 and is continuing to improve its trading thanks to its efficiency programme.
The firm said its support services division is “progressing well with core markets showing growth”, while its construction operation performed above expectations in the UK during the first half of the year.It is looking to strengthen its position in delivering frontline public services, having acquired the welfare-to-work organisation Business Employment Services Training, which has been renamed Interserve Working Futures.
Meanwhile, its sale of its share in the University College London Hospitals PFI scheme will realise the company £35m in cash once the transaction is completed.
“Interserve is trading well, expanding our already strong client relationships,” said Adrian Ringrose, Interserve chief executive.
