Costain trading in line with board expectations

Costain Group maintained its guidance on Thursday morning, ahead of its annual general meeting.

The London-listed firm confirmed that it was trading in line with the board’s expectations.

“While it is mindful of the macroeconomic backdrop, it remains confident in the group's strategy and long-term prospects,” the company said in its short statement.

Costain said it would provide a short business update as part of the AGM, but confirmed it would contain no new material information.

At 1022 BST, shares in Costain Group were up 1.8% at 58.43p.

Reporting by Josh White for Sharecast.com.