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Balfour Beatty provides trading update

British construction and engineering firm Balfour Beatty provided an update on trading for the year ended 31 December 2008 in advance of its preliminary results announcement on 5 March 2009. The trading update points to a strong balance sheet – the group is sitting on £250m of cash.

At the year end Balfour Beatty's confirmed order book increased from the £12.1 billion order book reported at the half year, with robust order intake and a number of further significant prospects likely to be secured in 2009.



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