Balfour Beatty recently published its six-month report, which showed a 6% increase in pre-tax profits to US$81M, up from US$77M for the same period in 2002.
The company cited many successes in the UK market, including financial closure on two London Underground PPP concessions, and being named preferred bidder on major new UK rail renewal and power upgrade contracts. It also said that the prospects in its principal markets were encouraging, although the US market was weaker than last year.
“We are confident of delivering further progress in the second half of 2003 and beyond,” Sir David John, Balfour Beatty chairman said.
