Balfour Beatty PLC (BALF.L)
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.
* Posts 69 pct rise in H1 operating profit (Adds CEO comments, shares)
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.
* REMAINS ON TRACK TO ACHIEVE INDUSTRY STANDARD MARGINS IN SECOND HALF OF 2018
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