In recent times construction and support services firm Carillion (CLLN) has been reducing its UK construction business so as not to have to take on just any low-margin work going. While sensible that resulted in cash outflows and a fall in its share price towards its dividend level, potentially signalling for some that its pay-out might be in danger. Yet that was not the case, as it turned out. As well, the Middle East market has improved since the collapse of the Dubai property bubble and in other hot-spots, with more work around now in the run up to the World Cup in Qatar and the possibility of the Expo being held in Dubai come 2020.
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