Mouchel Parkman order book grows to £1bn

Mouchel Parkman's order book stands at £1bn, up 18% in a year.

In a trading update issued to the Stock Exchange this morning ahead of the firm's year end of 31 July, chief executive Richard Cuthbert revealed that the firm's contract pipeline of near-term prospects stands at £1.1bn.

The integration of ServiRail, acquired in May, is "proceeding smoothly" and the joint venture with Accord to bid for managing agnet contractor deals "has made an excellent start".

The group's resulst will be announced on 18 October.