Carillion plc provides transport and construction services to commercial and public sector clients in the UK, France, Sweden, Canada and the Middle East. The company engages in the development and marketing of integrated solutions tailored to the needs of customers, including project finance, design and construction, maintenance and lifetime asset management. The company’s portfolio includes various projects in the United Kingdom and overseas – projects like the new Government Communications Headquarters, Cheltenham, new hospitals like the John Radcliffe in Oxford, the upgrading of major sections of the U.K. rail network, such as the West Coast Mainline, construction of the M6 Toll motorway and maintenance of the M25. The company also provides facilities management services for 10 NHS hospitals and for around 100 million square feet of other government and commercial property, including 8,000 properties for BT. The company is building two of its first public private partnership (PPP) hospitals and maintaining a substantial proportion of the provincial road network in Ontario, Canada. In the Middle East, the company is building parts of the multi-billion pound Festival City development and growing a substantial facilities management business. Segments The company operates its business in three segments: Support Services segment, Construction Services segment, and PPP Investments segment. Investments Segment: The company through its investments segment invests in the Public Private Partnership (PPP) projects. The company is also the preferred bidder for another four projects, including its first Independent Sector Treatment Centre in Basildon, for which it were appointed preferred bidder in September 2004. Support Services Segment: The company through its support services segment offers rail infrastructure, roads maintenance, facilities management and other support services. The company is continuing to operate its contracts, including West Coast Route Modernisation projects, regional projects and the construction and maintenance of the Channel Tunnel Rail Link. Construction Services Segment: The company through its construction services segment operates the U.K. building and civil engineering activities and International Regional businesses. The company would continue to focus selectively on the U.K. road construction sector and particularly on Highways Agency contracts procured under the Early Contractor Involvement programme, which offers acceptable levels of risk and reward. Sectors The company operates its business in four business sectors: transport sector, health sector, business services sector, and international regional businesses sector. Transport Sector: Carillion Transport provides heavy rail and road infrastructure services. Carillion Rail delivers major projects to upgrade the U.K. rail network, track renewals and specialist consultancy services. It also maintains the Channel Tunnel Rail Link. In the roads market, Carillion supplies maintenance services to the Highways Agency and to a number of Local Authorities. The company also has a first-class road construction capability focused primarily on motorways and trunk road projects procured under the Government’s ‘Early Contractor Involvement’ programme. Health Sector: Carillion Health provides services in selected sectors of the U.K. health market. It supplies new PPP hospitals, including project finance, design, construction, maintenance and facilities management services. It is a framework contractor for publicly funded infrastructure under the ProCure 21 programme and supplies facilities management services to NHS hospitals. Carillion Health with its clinical services partner has also been selected as the preferred bidder for its first Independent Sector Treatment Centre, for which this joint venture would provide an integrated service, including the provision and management of the new Centre and all clinical services. Business Services Sector: Carillion Business Services brings together the company’s design, building and facilities management services. Carillion Building operates as a major commercial building company that focuses on the office, retail high-rise urban residential and mixed-use development sectors in U.K. Carillion Services provides integrated facilities management solutions for a portfolio of ‘blue chip’ private sector customers and for central Government and Local Authorities. TPS Consult offers design and consultancy services. International Regional Businesses: The company’s International Regional Businesses are well established in Canada, the Middle East and the Caribbean. These businesses are developing PPP investments and support services activities alongside a construction capability. This includes PPP hospitals and road maintenance services in Canada and facilities management in the Middle East and Caribbean. In Scandinavia, the company acquired heavy rail infrastructure business in 2003. Specialty Business Carillion Private Finance: Carillion Private Finance manages its portfolio of PPP equity investments. Carillion Developments: Carillion Developments specialises in the regeneration of brownfield sites and developments where risk can be minimised through pre-letting or sale to occupiers in sectors where there is continuing demand. Disposals In May 2004, the company sold Crown House, a mechanical and electrical engineering contracting business. In November 2004, the company sold Carillion BTP, a contracting business in France.
(CLLN:London Stock Exchange)
84 Salop Street
Wolverhampton, WV3 0SR
Phone: 44 19 0242 2431
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