Boost for Balfour.Byline: HENRYK ZIENTEK THE UK's biggest building firm hailed improved trading at its US operations as it posted stronger than expected first-half profits. Balfour Beatty Balfour Beatty plc (LSE: BBY) is a British based construction and civil engineering company based in central London. It is the largest construction company in the UK, and the 15th largest in the world.[3] It is a constituent of the FTSE 250 Index. is weathering the slump with a pounds 12.5bn order book bolstered bol·ster n. A long narrow pillow or cushion. tr.v. bol·stered, bol·ster·ing, bol·sters 1. To support or prop up with or as if with a long narrow pillow or cushion. 2. by several major contracts in the USA, which now accounts for 30% of group revenues. Despite weaker regional building markets at home, it also made "good progress" on several road-building schemes brought forward under Government plans to stimulate the economy. Shares jumped by 8% after the firm increased half-year pre-tax profits by 14% to pounds 108m. |
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