Anybody trading in these shares? I just bought some @ 204.72

Balfour starts piling for Greenwich hotel 8/1/2014

Balfour Beatty Ground Engineering (BBGE) has begun piling works for the new O2 Arora Intercontinental Hotel in Greenwich.


The 1800 piles for the hotel are made of precast concrete and have been manufactured at the BBGE plant in Nottinghamshire. For maximum sustainability, they contain 99% recycled steel and 25% cement replacement using 100% recycled water.

Balfour Beatty said that the start of piling marked the beginning of a construction programme that will be completed in two years. A ground-breaking ceremony was held six months ago, back in July 2013.

The hotel is part of a £121m development next to the O2 Arena (formerly Millennium Dome). It will also include The Peninsula Tower, a 23-storey development offering 100 serviced apartments.

Client is Grove Developments.

"100% recycled water" - what other sort is there?

straight out of the Thames!

REG - Balfour Beatty PLC - Preferred Bidder

13 Jan 2014 - 07:00
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20140113:nRSM4449Xa RNS Number : 4449X Balfour Beatty PLC 13 January 2014 13 January 2014 BALFOUR BEATTY APPOINTED PREFERRED BIDDER FOR £196M CHILDREN'S & WOMEN'S HOSPITAL PROJECT IN CANADA Balfour Beatty, the international infrastructure group, announces today that it has been appointed preferred bidder for the £196 (C$350) million BC Children's & BC Women's Redevelopment Project by the Provincial Health Services Authority in British Columbia, Canada. Balfour Beatty will invest £9.2 (C$16.5) million into the project, which represents 70% of the equity required. The PPP (P3) project scope covers the design, construction, financing and facilities management for a new children's and women's acute care centre in Vancouver. Construction is expected to commence in April 2014 and the new facility will be completed in June 2017. Balfour Beatty Investments and Ledcor Developments will finance the project and construction services will be delivered through a 50:50 joint venture between Balfour Beatty Construction and Ledcor Design Build. In addition, Balfour Beatty Communities and Black & McDonald Limited will participate in a 50:50 joint venture to deliver facilities management services over the 30-year concession period. Commenting today, Andrew McNaughton, Balfour Beatty CEO said, "This project represents a significant win for Balfour Beatty and a demonstration of our commitment to grow our business in key markets of which Canada is one area of focus. Utilising our investment, construction and facilities management capability in North America, this is a great opportunity for the Group as a whole. We look forward to working with the Provincial Health Services Authority to provide a new world class healthcare facility for the children, women and families of the province of British Columbia." ENDS Analyst/investor enquiries: Anoop Kang Balfour Beatty plc Tel. +44 (0)20 7216 6913 Media enquiries: Maitland Tel. +44 (0)20 7379 5151 BalfourBeatty-maitland@maitland.co.uk Notes to editors: 1. Balfour Beatty (www.balfourbeatty.com) is an international infrastructure group that delivers world class services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance. Our businesses draw on more than 100 years of experience to deliver the highest levels of quality, safety and technical expertise to our clients principally in the UK, the US, Southeast Asia and the Middle East. We continue to develop our business in key growth markets in South Africa, Australia, Canada, Brazil and India. With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors include transportation (roads, rail and aviation), power and energy, mining, water and social infrastructure such as hospitals and schools. 2. The Ledcor Group of Companies is one of North America's most diversified construction companies, serving the building, oil & gas, infrastructure, mining, power and communications sectors. We also own operations in transportation services, property investment, forestry, and wastewater treatment. Ledcor employs over 8000 people across 20 offices. Since 1947 we have been growing with our clients and partners: Forward. Together. Find out how at www.ledcor.com This information is provided by RNS The company news service from the London Stock Exchange

Trading Statement

Balfour Beatty plc, the international infrastructure group, is providing this trading update in advance of its results for the year ended 31 December 2013 which will be announced on 6 March 2014.

Trading

Overall trading of our continuing businesses remains in line with the Board's expectations as at the time of the Group's Q3 Interim Management Statement on 5 November 2013.

In Professional Services, performance overall was as expected, including Australia where cost reduction measures are mitigating the impact of the continued challenging market conditions. Elsewhere, the arbitration process of the previously disclosed contract dispute is well advanced. Our view of the outcome is unchanged, but it is becoming less likely that a settlement will be achieved in time to be recognised in the 2013 results.

Order book

We anticipate the year end order book for our continuing businesses to be broadly in line with the £13.5 billion from 31 December 2012. The order book has been impacted by negative foreign exchange movements, and a continuing shift in the mix of our Construction order book from the UK to the US.

Significant contract awards since our Q3 Interim Management Statement include the £154 million Olympic Park transformation contract, the £209 million Denver North Metro Rail Line design-build contract, the £121 million Ministry of Defence joint venture contract and £148 million of rail contracts in Singapore through the Group's Gammon joint venture in Hong Kong. In November we reached financial close on the £317 million Greater Gabbard offshore transmission project and this week announced reaching preferred bidder for the £196 million children's and women's hospital project in Canada. We are no longer bidding for Network Rail's track renewal work, with our existing contract running to the end of the first quarter 2014.

Discontinued businesses

We have made progress on our strategic disposals, completing the disposal of Balfour Beatty WorkPlace on 13 December 2013 and our Scandinavian rail business on 8 January 2014.

Performance of the German rail business has worsened since the Q3 Interim Management Statement, primarily due to three complex loss-making contracts. Discussions with a number of potential buyers for the business remain ongoing.

Financial position

The Group's underlying cash performance was in line with expectations with average net debt for the year of £350 million. We saw a strong cash performance in December 2013 which resulted in an actual net debt balance of under £100 million at the year end.

ENDS

Trading in line String cash position.

14 January 2014

BALFOUR BEATTY TRADING UPDATE

Balfour Beatty plc, the international infrastructure group, is providing this trading update in advance of its results for the year ended 31 December 2013 which will be announced on 6 March 2014.

Trading

Overall trading of our continuing businesses remains in line with the Board's expectations as at the time of the Group's Q3 Interim Management Statement on 5 November 2013.

In Professional Services, performance overall was as expected, including Australia where cost reduction measures are mitigating the impact of the continued challenging market conditions. Elsewhere, the arbitration process of the previously disclosed contract dispute is well advanced. Our view of the outcome is unchanged, but it is becoming less likely that a settlement will be achieved in time to be recognised in the 2013 results.

Order book

We anticipate the year end order book for our continuing businesses to be broadly in line with the £13.5 billion from 31 December 2012. The order book has been impacted by negative foreign exchange movements, and a continuing shift in the mix of our Construction order book from the UK to the US.

Significant contract awards since our Q3 Interim Management Statement include the £154 million Olympic Park transformation contract, the £209 million Denver North Metro Rail Line design-build contract, the £121 million Ministry of Defence joint venture contract and £148 million of rail contracts in Singapore through the Group's Gammon joint venture in Hong Kong. In November we reached financial close on the £317 million Greater Gabbard offshore transmission project and this week announced reaching preferred bidder for the £196 million children's and women's hospital project in Canada. We are no longer bidding for Network Rail's track renewal work, with our existing contract running to the end of the first quarter 2014.

Discontinued businesses

We have made progress on our strategic disposals, completing the disposal of Balfour Beatty WorkPlace on 13 December 2013 and our Scandinavian rail business on 8 January 2014.

Performance of the German rail business has worsened since the Q3 Interim Management Statement, primarily due to three complex loss-making contracts. Discussions with a number of potential buyers for the business remain ongoing.

Financial position

The Group's underlying cash performance was in line with expectations with average net debt for the year of £350 million. We saw a strong cash performance in December 2013 which resulted in an actual net debt balance of under £100 million at the year end.

ENDS

Analyst/investor enquiries:

Apparently this is an upgrade, although it looks the same as their November note.

Investec Sell 300.30 170.00 - Upgrades

Final Results

Operational Summary

· Challenging economic conditions and operational issues in UK construction, and a significant downturn in the Australian natural resources sector led to a disappointing financial performance
· Firm actions taken to improve the operational delivery in UK construction and restructure Australian Professional Services
· Strong performance in Infrastructure Investments with further investment into growth sectors
· Continue to expect a positive settlement in the longstanding contract dispute in Professional Services but outcome now expected in 2014
· Performance elsewhere across the Group's continuing operations was as expected
· Progress on major strategic actions, including disposals of the UK facilities management business and Mainland European rail operations in Spain and Scandinavia
· Actions taken in 2013 to re-focus the business leave the Group better positioned for 2014 and the challenges ahead

Financial Summary

· Underlying pre-tax profits of £187 million (2012: £277 million) and underlying EPS of 20.0 pence (2012: 31.7 pence)
· Strong US construction order intake offset with increased US construction revenue leaving a stable order book at £13.4 billion (2012: £13.5 billion)
· Directors' valuation of the PPP portfolio increased to £766 million (2012: £734 million), after generating disposal gains of £82 million
· Balance sheet remains strong with new long-term funding sources secured from US private placement and convertible bond issue
· Full-year dividend maintained at 14.1 pence per ordinary share

Dubai Mall Expansion Worth Over £200 million

Balfour Beatty, the international infrastructure group, today announces the award of a £214 million (1.4 billion UAE Dirhams) contract in downtown Dubai for Emaar Properties PJSC, to its Dubai based joint venture, Dutco Balfour Beatty.

The contract for expansion works to the Dubai Mall, the world's largest shopping mall, six years after Dutco Balfour Beatty completed its original construction, involves construction of a new 'Fashion Avenue' in between the existing Dubai Mall and the world's tallest building, the Burj Khalifa. The extension will allow the Mall to increase its annual capacity to over 100 million visitors.

Balfour Beatty CEO Andrew McNaughton said, "The Middle East is a growth region for the Group and we are very pleased to continue our partnership with Emaar Properties on the development of downtown Dubai which builds on the original construction of the Dubai Mall."

Dutco Balfour Beatty will also provide additional access bridges, parking facilities, and coordination with new and existing tenants.

BKGulf will provide mechanical and electrical services on the project as part of a joint working agreement with Dutco Balfour Beatty. It will utilise its in-house pre-fabrication facility to manufacture mechanical, electrical and plumbing modules off site, creating cost and time savings and improving safety in the heavily built-up area.

At its peak, the project will employ over 2,000 operatives in the region and is due for completion in early 2016.

ENDS

Trading Update


Summary

· Whilst most parts of the Group are trading in line with management's expectations, we now expect a £30 million shortfall in our UK construction business in 2014.
· Professional Services, Support Services and the Investments division continue to perform well and are in line with management expectations.
· As a result overall Group pre-tax profits for 2014 are expected to be significantly lower than previous expectations, in the range of £145 - £160 million.
· Andrew McNaughton has stepped down as Chief Executive with immediate effect. Steve Marshall, will take over as Executive Chairman until a successor is appointed.
· A strategic review has led the Group to evaluate options for the possible sale of Parsons Brinckerhoff, conditional on providing attractive shareholder value.

Board Change


Balfour Beatty, the international infrastructure group, announces that Andrew McNaughton has stepped down as Chief Executive of the Group and as an Executive Director of the Board with immediate effect.

Steve Marshall, Balfour Beatty's Non-Executive Chairman, will take over as Executive Chairman until a successor is appointed. He will be devoting a significant amount of time to the Group in this interim period, and will lead the Group's Executive Committee. The Board will commence a process to appoint a successor to Andrew McNaughton shortly.

Steve Marshall said: "Andrew has served the Group for the last 17 years in a wide variety of roles. I would like to thank Andrew personally and on behalf of the Board for his major contribution. We wish him well for the future."

The Group has today also separately announced a trading update, 2014 Q1 IMS and strategic review.

ENDS

Plop!

Contract Win

BALFOUR BEATTY WINS ADDITIONAL £78 MILLION RAIL CONTRACT IN CHARLOTTE, NORTH CAROLINA

Balfour Beatty Infrastructure, Inc. (BBII) has been awarded a £78 (US $131) million contract by the City of Charlotte, North Carolina to build the track and systems components for the new Charlotte Area Transit System (CATS) LYNX Blue Line Extension. This is in addition to the £63 (US $106) million civils contract won in February for the Blue Line Capacity Expansion Project.

The Blue Line extends Charlotte's LYNX light rail system 9.3 miles northeast through the North Davidson and University areas, terminating on the UNC Charlotte campus. BBII will be responsible for the construction of the ballasted track, traction power system, overhead catenary system, train control, communications and other systems. BBII's Traction Power Group, which is headquartered in Goldsboro, NC, will be responsible for providing 11 traction power substations.

Construction is due to start in July 2014 and should be completed in December 2016.

Steve Marshall, Executive Chairman, Balfour Beatty said "BBII has a strong track record of working with our customers on multiple projects. The City of Charlotte Transit system is one such example. We initially won work on the Streetcar Starter project which is due to complete at the end of 2014 and now through these two contracts we have won rail work that requires both our civils and rail expertise. This is a great example of how we can bring together our different disciplines and strengths to benefit the entire company."

ENDS

Very tempted to invest here soon. Sub 220p looks to be likely, with a nice gap to be filled on the way up. Just a bit worried about the markets in general.......decisions, decisions...... Most brokers seem to be neutral.

Harry - an update of the chart that I posted on the 'chart' thread on Wednesday.

Deutsche Bank Hold 225.05 250.00 250.00 Reiterates

Could be quite a grind back up to 280p? Nevertheless, will buy if it goes sub 220p.

I think we may have seen the bottom - all bar a major sell off.

Sometimes there is a friday afternoon dip. I live in hope!

I've taken the plunge Harry.