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United Kingdom

Balfour Beatty PLC (BALF.L)

BALF.L on London Stock Exchange

236.60GBp
9:40am BST
Change (% chg)

-2.60 (-1.09%)
Prev Close
239.20
Open
239.00
Day's High
239.00
Day's Low
235.60
Volume
240,600
Avg. Vol
1,530,439
52-wk High
295.80
52-wk Low
192.30

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Wed, Aug 14 2019

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Balfour Beatty defies UK construction gloom with stellar results

Shares in Balfour Beatty rose 13% after its underlying profit more than tripled in Britain where it is working on lower risk contracts such as major road improvements, a rail link, and a nuclear power station.

Balfour Beatty defies UK construction gloom with stellar results

Shares in Balfour Beatty rose 13% after its underlying profit more than tripled in Britain where it is working on lower risk contracts such as major road improvements, a rail link, and a nuclear power station.

UPDATE 2-Balfour Beatty defies UK construction gloom with stellar results

* Shares rise 13% (Adds CEO, analyst comments on Brexit, Hong Kong protests, UK construction, shares)

Balfour Beatty reports higher first-half profit, raises cash forecast

Aug 14 British infrastructure company Balfour Beatty Plc reported higher first-half underlying pretax profit and increased its annual cash forecast on Wednesday, buoyed by lower costs and higher margin projects.

Exclusive: Air Force suspends fee payments to landlord Balfour Beatty following Reuters report

NEW YORK The U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions of dollars in bonuses.

EXCLUSIVE-Air Force suspends fee payments to landlord Balfour Beatty following Reuters report

NEW YORK, July 22 The U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions of dollars in bonuses.

Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations

A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified maintenance records at a U.S. Air Force base.

UPDATE 1-Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations

July 15 A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified maintenance records at a U.S. Air Force base.

Balfour Beatty appoints counsel to probe U.S. Air Force base allegations

July 15 Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that the construction group falsified maintenance records at a U.S. Air Force base.

Reuters, in partnership with CBS News, reveals misconduct within the U.S. private military housing program

Today Reuters revealed how Balfour Beatty, one of the largest housing providers for the U.S. systematically falsified its Tinker Air Force Base maintenance logs for years, helping it secure incentive fees as families awaited home repairs.

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