16th May 2019 09:29
LONDON (Alliance News) - Balfour Beatty PLC on Thursday said it is on track to deliver a performance in line with the board's expectations.
Based on its performance since January to date and on the visibility of future operation, the FTSE 250 construction firm expressed confidence in meeting annual targets.
When releasing its annual 2018 results in March, the company reported a 10% increase in pretax profit to GBP181 million. Revenue declined 5% to GBP7.81 billion due to a managed reduction in the order book during 2017.
Balfour Beatty shares were trading down 1.5% at 243.40 pence.
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