Carillion PLC Carillion JV awarded two further HESTIA contracts (3062L)
July 18 2017 - 1:00AM
UK Regulatory
TIDMCLLN
RNS Number : 3062L
Carillion PLC
18 July 2017
18 July 2017
Carillion Joint Venture awarded two further HESTIA contracts by
Defence Infrastructure Organisation (DIO), with a core value of
GBP158m excluding retail sales
Carillion, the integrated support services company, is pleased
to announce that its Joint Venture has been awarded the HESTIA
North, and Scotland and Northern Ireland Soft Facilities Management
Multi Activity Contracts. These latest contracts follow on from the
award of the South East and London contract by DIO to the Joint
Venture earlier this year. The two new contracts have a core
revenue value of GBP158 million over the initial contract period of
five years, but with the opportunity to double that figure in the
same period through catering and retail sales.
The Carillion Joint Venture will deliver soft facilities
management services, including catering, retail and leisure,
together with hotel and mess services. The North contract will
employ around 1500 people, covering 130 military establishments and
will go live at the beginning of January 2018. The Scotland and
Northern Ireland Region contract will go live at the beginning of
November 2017 and covers a further 103 military establishments and
will employ around 1030 people.
Carillion Interim Chief Executive, Keith Cochrane, said: "We are
delighted to be awarded these contracts. The DIO is a key support
services customer with whom we have built a long-term successful
partnership. We are committed to building on this relationship and
on our position as a leading supplier to the DIO by using our core
skills and capabilities to deliver high-quality services.
"These contracts play a critical role in supporting our armed
forces and they have a number of unique aspects that require a
specific, regional focus. They will enable us to create further
training and employment opportunities for ex-services personnel in
support of our commitment to the Armed Forces Corporate
Covenant".
Notes to Editors
Carillion is a market leading support services group focused on
infrastructure and property services with a portfolio of Public
Private Partnership projects, selective construction capabilities
and a sector leading ability to deliver sustainable solutions. The
Group had annual revenue in 2016 of some GBP5.2 billion, employs
around 43,000 people and operates across the UK, in the Middle East
and Canada.
This and other Carillion news releases can be found at
www.carillionplc.com.
For more information
John Denning, Director Group Corporate Affairs, Carillion plc
+44 (0) 1902 906333
Bell Pottinger +44 (0) 7990 003314
Liz Morley and Jamie Ricketts +44 (0) 2037 722591
This information is provided by RNS
The company news service from the London Stock Exchange
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