Carillion says that it is cooperating fully with the FCA investigation, which is focusing on 鈥榯he timeliness and content of announcements made by Carillion between 7th December 2016 and 10th July 2017鈥�.
Between December 2016 and mid July 2017 Carillion鈥檚 share price plummeted 76% from 256 pence to 55 pence on the back of profits warnings.
For the six months to 30th June 2017, Carillion made a pre-tax loss of 拢1,153m on revenue of 拢2.5bn. Chief executive Richard Howson lost his job.
Carillion鈥檚 share price reached a new low of 14.75 pence on 8th December 2017 before starting 2018 at 18 pence. The 拢5bn turnover company is now worth around 拢70m.
The best account of Carillion's annus horribilis can be read
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