UPDATE 1-Carillion glad of limited UK exposure after Brexit | Reuters:
"British building support services company Carillion derives less than 5 percent of its revenue from the UK housing market, limiting its exposure to the fallout from the country's vote to leave the EU, its CEO said on Wednesday.
Amid rising concerns of a slump in the UK market after the country voted to leave the European Union, CEO Richard Howson said Carillion had cut back its exposure to Britain's construction market since 2009 and had "very deliberately" controlled the size of UK residential work it had bid for in recent months.
"We are very happy today with the action we took in 2009-10 to half the size of our construction business in the UK ... that decision was absolutely the right decision and has enabled us to limit the exposure to the residential market," Howson told analysts on a conference call."
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