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| Balfour Beatty says second-half trading in line UK construction and engineering Balfour Beatty said that its trading in the second half of 2007 in all parts of the group has been strong and there have also been good settlements on some completed projects. The group's cash position remains strong. It is anticipated that 2007 results will be at the top end of current expectations. At the year end, Balfour Beatty's order book stood at approximately £11 billion, 20% ahead of the level 12 months ago. In addition, almost £2 billion more work is at preferred bidder stage. The earnings potential of the group was further enhanced during the year through acquisitions in US and UK building, facilities management, professional and technical services and international rail, and through investments in Exeter International Airport and five new UK PPP concessions. write your comments about the article :: © 2008 Construction News :: home page |