Shares in Carillion, the UK’s second-biggest construction firm, fell 34% after it issued its third profit warning since July, adding it expected to breach financial covenants.
The firm blamed slower asset sales and delays to a Middle East project.
Carillion is a major supplier to the government and helps to maintain schools and hospitals.
It is also part of a consortium building the £56bn HS2 high-speed rail link.
The facilities manageme…
Read the full article at: http://www.bbc.com/news/business-42022956