|
Balfour Beatty PLC on Thursday retained full-year guidance as it reported positive momentum in key markets has continued into 2026. The London-based international infrastructure construction firm said it has performed ‘well’ year to date. It continues to expect high single digit percentage growth in profit from operations from its earnings-based businesses in 2026, with no change to the guidance given at full year results in March. The FTSE 250-listing said its contract mix continues to provide strong protection from the ‘volatile macroeconomic backdrop and related inflationary pressures.’ Positive momentum in key markets has continued into 2026, with demand remaining strong, the firm said. ‘The group continues to apply a disciplined and selective bidding approach in pursuit of a highquality, lowrisk forward order book, which at the end of Q1 remained in line with the yearend position,’ it added. The £200 million share buyback is on track to be completed by the end of the year, with around £54 million completed to date. Shares in Balfour Beatty rose 0.8% to 869.00 pence each in London on Thursday. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
