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| Balfour Beatty reports 2010 Q3 interim results Balfour Beatty, the international infrastructure group, announces its 2010 Q3 Interim Management Statement, covering the period 27 June to 10 November 2010. The medium and long-term prospects for infrastructure markets in the Group's geographies remain positive, while contract wins during Q3 have increased the order book to more than £15bn. While year-on-year revenue was down in the third quarter, the rate of decline reduced from that in the first half, and the period saw very strong order intake. The size and variety of contracts added to order book, including Heathrow Terminal 2B, Denver transit, Fort Hood Army Medical Center and a major data centre demonstrate our strength across the infrastructure landscape. The financial position of Balfour Beatty remains good with a strong balance sheet to support our growth ambitions. Average net cash for the third quarter remained strong, exceeding £400m. write your comments about the article :: © 2010 Construction News :: home page |