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United Kingdom

Balfour Beatty PLC (BALF.L)

BALF.L on London Stock Exchange

273.30GBp
15 Nov 2018
Change (% chg)

-0.60 (-0.22%)
Prev Close
273.90
Open
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Day's High
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Volume
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52-wk High
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Wed, Aug 15 2018

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UK construction firms more sensible after Carillion collapse - Balfour Beatty

British construction firms are taking a more sensible approach to big projects, pursuing profitability rather than growth at any price, after paper-thin margins helped derail rival Carillion, the boss of contractor Balfour Beatty Plc said on Wednesday.

UPDATE 2-UK construction firms more sensible after Carillion collapse-Balfour Beatty

* Posts 69 pct rise in H1 operating profit (Adds CEO comments, shares)

Balfour Beatty's HY profit jumps 69 pct

Aug 15 Construction company Balfour Beatty Plc reported on Wednesday a 69 percent jump in underlying operating profit as its measures to cut costs and boost margins paid off.

BRIEF-Balfour Beatty trading in line, on track for margin target

* REMAINS ON TRACK TO ACHIEVE INDUSTRY STANDARD MARGINS IN SECOND HALF OF 2018

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