Construction News Read UK Construction Industry News, Analysis, Opinion and data Balfour CEO: We have the industry’s strongest balance sheet
Balfour Beatty chief executive Leo Quinn has claimed the firm has the industry’s strongest balance sheet, thanks to its focus on cash generation.
Balfour Beatty
Balfour Beatty hits five-year high with 2017 results
Balfour Beatty posted its best results in five years today with a pre-tax profit of £117m in 2017 – up sharply from £10m in 2016 – on group revenue (minus JVs) of £6.92bn.
Balfour Beatty to cut Scottish power jobs
The Scottish government will hold discussions with Balfour Beatty over the contractor’s decision to cut 25 roles from its Scottish Power and Distribution division.
Balfour Beatty bags £33m Reading Uni deal
Balfour Beatty has won the contract to deliver the £33m Health and Life Sciences building for the University of Reading.
Balfour eyes auto-contract system as adviser deal renewed
Balfour Beatty has renewed its agreement with Pinsent Masons for law firm to be its sole adviser and help develop an automated contract review system.
Balfour Beatty sells another chunk of M25 business
Balfour Beatty has sold an additional 5 per cent stake in its M25 operations business Connect Plus for £42m.
Balfour Beatty JV wins £1.4bn LAX airport deal
Los Angeles International Airport (LAX) has awarded a Balfour Beatty joint venture the $1.95bn (£1.38bn) contract to deliver a new transportation system.