Builders and building materials
Balfour Beatty expects £3bn boost from HS2
Orders rose by 13% to £14.3bn with Balfour set to be prime beneficiary from the HS2 green light.
Company
Balfour Beatty plc
LON:BBY
Balfour Beatty is a diversified engineering, construction and services company with operations in the UK, Europe, the US, South-East Asia, Australia and the Middle East. Balfour Beatty is traded in the ISDX Exchange HERE
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UK budget: “time to act boldly with fiscal policy” amid coronavirus outbreak
On the company agenda, there will be results from the likes of Prudential and Balfour Beatty
Builders and building materials
Balfour Beatty nudges up profit guidance as orders swell
Full-year profit from operations will be slightly ahead of expectations, with a higher year-end order book compared to 2018
Builders and building materials
Balfour Beatty bounces back with 31% dividend hike
The order book increased 5% during the half-year to £13.2bn, driven by wins for the US construction business and the support services unit’s track renewal contract with Network Rail
Builders and building materials
Balfour Beatty appoints lawyers to investigate allegations about US air base
Democrat Senator Elizabeth Warren has been pushing for an official inquiry into the UK company’s conduct after a report alleged that Balfour kept falsified records at Oklahoma’s Tinker Air Force Base to help it secure contract bonuses
Builders and building materials
Balfour Beatty joint venture conditionally selected to deliver $1.7bn Interstate 635 LBJ East project in Texas
The FTSE 250-listed group said the full contract award is expected in autumn 2019 with works due to commence in early 2020, and substantial completion scheduled for late 2024
Archive
Burberry, Kingfisher, Thomas Cook and Aston Martin in focus in week ahead
The week ahead's highlights include updates from Burberry, Land Securities, British Land, Premier Foods, Experian, Kingfisher, Aston Martin, Dignity, Centrica, Thomas Cook, On the Beach and Countryside Properties.
Builders and building materials
Balfour Beatty selected as preferred bidder for £1.5bn Network Rail contract
Balfour Beatty said it expects a full contract award to be confirmed in the second quarter of 2019 and works to begin later this year
Builders and building materials
Balfour Beatty jumps as transformation plan helps lift profits in 2018
The FTSE 250 construction firm has been engaged in a turnaround strategy since 2015 that has aimed to secure higher margin contracts
FTSE 100 closes marginally higher ahead of next Parliamentary vote on Brexit
The January US Durable Goods Orders and Shipments Report showed that business equipment investment got off to a sluggish start this year, Berenberg Capital Markets noted
Archive
Spring Statement to dominate on Wednesday amid fallout from Brexit deal vote
While major fiscal measures are not expected, the result of Tuesday's vote on Theresa May's Brexit deal could put the chancellor on the spot
Archive
Shifting supermarket landscape the focus with first-half results from Morrison's
Aside from Morrison's, the Week Ahead will also bring updates from housebuilder Berkeley Group, insurer Prudential and fund manager Standard Life Aberdeen
Investments and investor services
Science Group takes down the 'for sale' sign
A look at the day's major movers, including Photonstar, Capita, IHG, GVC, Reach and Balfour Beatty
Builders and building materials
Balfour Beatty raises full year guidance as it pockets gains from disposals
"The actions we have taken since the start of 2015 have created a strong foundation for the future," said Balfour Beatty chief executive Leo Quinn
Investments and investor services
FTSE 100 closes lower as China and Europe worries sends global equities down
Barratt Developments lost 2.69 points at 440.50p , while Persimmon also dropped 2.69% at 1,897p.
Archive
Balfour Beatty investors looking for more reassurance in Friday’s update
The penultimate Friday looks unsurprisingly like being a quiet one, but Balfour Beatty is due to publish a trading update and investors will be looking for more reassurance from the contractor
Archive
All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Builders and building materials
Balfour Beatty aims to reassure on debt situation, says completed repayment of £252.7mln convertible bond
The FTSE 250-listed firm said that as a result of the convertible bond repayment, it has now paid down 45% of its gross debt in the last 12 months
Builders and building materials
Balfour Beatty wins £425mln of motorway build work
The contractor has been selected for the B6 contract in the south-east, worth up to £1.1bn, and B8 in the north, worth £2bn
Builders and building materials
Balfour Beatty appointed to two new civil engineering frameworks with combined total revenue value of up to £2.1bn
The Scape national civil engineering framework, valued at £1.6bn, covers England, Wales and Northern Ireland, while another in Scotland is worth £500mln