Balfour hikes profit as UK construction business returns to black

By Dave Rogers2022-08-17T09:01:00

Firm says order book stands at over £17bn

Profit at Balfour Beatty more than doubled in the first half as the firm put a series of problem London residential schemes behind it.

The jobs, which are believed to include a £200m upmarket residential scheme at Curzon Street in Mayfair for Brockton Capital and a £110m scheme to build a 43-storey block called Providence Tower for Ballymore, blew a £23m hole in the firm’s UK construction accounts for the first half of last year.

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